Talks on EU-Armenia agreement set for late 2015 launchOctober 16, 2015 - 15:09 AMT PanARMENIAN.Net - Negotiations between Armenia and the European Union on a new agreement will start by the end of 2015, First Deputy Minister of Economy Garegin Melkonyan said. Prospects of economic cooperation were discussed at a meeting of the EU-Armenia subcommittee on trade in Yerevan. During the meeting, the parties addressed the macroeconomic situation in Armenia and the European Union, Armenia's cooperation with international financial institutions, the possibility of bilateral trade, including provision of expanded and updated Generalized Scheme of Preferences (GSP+). “As we all know, EU decided to grant the Commission a mandate to start negotiations with Armenia a few days ago. We hope to have a new package signed by the end of the year,” Melkonyan said. According to Melkonyan, GPS+ provides a unique opportunity to various companies in Armenia to export products to the EU market on favorable terms. He also stressed that the EU-Armenia subcommittee is scheduled to meet on November 4 to discuss economy-related issues. “Also in November, the Armenian delegation headed by the Minister of Economy Karen Chshmarityan is expected to visit Brussels, where two agreements on the promotion of small and medium-sized businesses will be signed,” Melkonyan said. Top stories The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Michael Roth believes sanctions must be put on the table after Baku‘s ethnic cleansing in Nagorno-Karabakh. The Yerevan City Council has elected Tigran Avniyan from the ruling Civil Contract as the mayor of the Armenian capital. The Armenian Parliament on Tuesday, October 3 voted to ratify the Rome Statute of the International Criminal Court. Partner news | Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |