Ara Babloyan: Armenia is interested in developing multilateral  economic cooperation in the region

ArmInfo.Despite the upcoming early parliamentary elections, Armenia, as the presiding country, attaches great importance to ensuring the continuous work of the  Parliamentary Assembly of the Black Sea Economic Cooperation. On  November 27, during the opening of the 52nd PABSEC General Assembly,  President of the National Assembly Ara Babloyan said in Yerevan.

He noted that Armenia is interested in the development of  multilateral economic cooperation in the region.  The NA President  expressed confidence in that the newly elected parliament of Armenia  will become actively involved in international activities, given the  fact that the role of parliamentary diplomacy is increasing every  year. "I want to note that the countries of the Black Sea region have  always been distinguished by multiculturalism and a serious economic  potential, and 25 years ago an organization was created, designed to  coordinate this activity", Babloyan said.

The NA President also noted that today the Black Sea region is one of  the most important interaction nodes in the field of transport and  energy between the East and the West. "There is no doubt that there  is a certain tension in the region, which is an obstacle to the  deepening of economic cooperation between individual countries.  However, I believe that economic development and consolidation of  economic potential can be a good prerequisite for responding to these  challenges," the parliament President said. He also noted that the  member countries of the organization should not forget that all  problems can be solved through an open dialogue. According to  Babloyan, parliamentary diplomacy is a constant tool in resolving all  kinds of conflicts.

The President of the National Assembly declared that the PABSEC is  the only organization in the region that is purely economic in nature  and has not become a politicized platform over the past 25 years.   Babloyan once again noted that this organization is an important  channel of communication between countries in the region, and the  PABSEC member countries should be committed to the cause of peace  development and cooperation. "We urge the PABSEC to continue actions  in this direction, I want to note that this organization needs  creative thinking," the speaker said.

Babloyan stressed that the main priority of Armenia is to strengthen  economic cooperation. "I want to note that Armenia reaffirms its  commitment to this idea and declares that in order to effectively  operate the organization, it is necessary to avoid politicization of  the PABSEC," the President NA said, stressing that Armenia is ready  to further put forward new projects and initiatives.