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 Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. 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. Partner news | Ucom Celebrates Telecommunication Day May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865. Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan. Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. |