Armenian Economy Minister, EU Commissioner discuss negotiations on new framework agreement

Armenia’s Minister of Economic Development and Investments Suren Karayan had a meeting with EU Commissioner for Trade Cecilia Malmström.

During the meeting Minister Karayan attached importance to the Armenia-EU negotiations on a new framework agreement, which is developing in three directions – politics, trade and investments and cooperation in different spheres.

“The fifth round of talks held in Brussels allows to report considerable progress in the negotiation process and inspires hopes for completion of the negotiation process in the near future,” he said.

Commissioner Malmström noted, in turn, that the negotiations on trade and investments are developing in a constructive atmosphere. The parties reached a number of agreements that will be implemented by the end of the negotiations.

The framework agreement will raise the Armenia-EU cooperation to a qualitatively new level, will reflect the volume and depth of the relations and will outline new landmarks for mutually beneficial cooperation.

Minister Suren Karayan invited the EU Commissioner to Armenia.