Today Armenian President Robert Kocharian met with Ambassadors of EU member states, accredited in Armenia. During the meeting the President welcomed the completion of consultations over EU-Armenia Action Plan within the European Neighborhood Policy and hoped for the Plan to be finally adopted in November, owing to which EU-Armenia relations will get more coordinated. «The package of proposals of the Armenian party evidences that we are disposed to serious work and we expect effective bilateral cooperation,» Kocharian added. At the instance of the diplomats the Armenian leader presented latest developments in the Nagorno Karabakh settlement, situation in the Russian-Georgian relations, impact of the tension between Russia and Georgia on Armenia's economy. The interlocutors also discussed the matter of the coming elections, specially noting the need for these to be fair and free. Kocharian said that long-term and short-term international observation missions will be invited for monitoring electoral processes.