ArmInfo. Yerevan and Budapest agreed to open diplomatic missions in the capitals of the two countries. Armenian Foreign Minister Ararat Mirzoyan stated at a press conference in Budapest on May 6, adding that we are talking about the opening of resident embassies. Mirzoyan noted that today, he and his Hungarian counterpart signed a document on political consultations between the foreign ministries of the two countries, as well as a document on economic cooperation, which provides for the establishment of an intergovernmental commission.
"Of course, economic cooperation is extremely important both in our relations and in international relations in general. And I want to once again inform about Armenia's desire to be part of current international economic programs. I want to talk about the Armenian "Crossroads of Peace" initiative, which involves opening all transport communications in the South Caucasus, which will facilitate passenger transportation, cargo transportation and transportation of services from East to West, including through the territory of Armenia.
In the same context, we are also considering the issue of Armenia's supply of renewable energy to EU member states. In this regard, there are specific initiatives and programs that are still being discussed or will be implemented soon. And Armenia, of course, wants to be part of all these initiatives," he noted. In this vein, he also positively assessed the launch of direct flights between Yerevan and Budapest, which will be operated by the Hungarian WizzAir low cost airline.
The Armenian Foreign Minister also pointed to a second factor that is extremely important for economic prosperity and interaction. "That factor is peace. And I want to use this opportunity to once again reaffirm Armenia's commitment to establishing a long-term, stable peace in the South Caucasus. We are constructively participating in negotiations, the goal of which is to finally regulate relations with our neighbors, in particular with Azerbaijan, and put an end to the long-term conflict. There are a number of principles for mutual recognition of territorial integrity and demarcation, based on the Alma-Ata Declaration signed in 1991 and the principles enshrined in it. I have already spoken about the opening of infrastructures, and I hope that in the near future we will be able to register very concrete results here as well," Mirzoyan concluded.