YEREVAN — The Armenian government expects to receive next year some 34.4 million euros as grants from the European Union, despite the fact that it is joining the Eurasian Economic Union, first deputy finance minister Pavel Safaryan said today during a parliamentary discussion on the 2015 draft budget.

He said 14.4 million euros of that amount will come as targeted grants, which must be spent on specific programs, and 20 million euros as grants for budget support to be spent at the discretion of the government.

He said the expected amount is as much as the government received this year from the European Union as grants.

Deputy foreign minister Shavarsh Kocharyan said the EU was and is one of the important partners of Armenia.”In the near future we plan to hold discussions on the trade-economic component of our cooperation with the EU. This will be followed by political consultations between Armenia and the EU with a view of forming a new framework of cooperation,” the Deputy Foreign Minister said.

“The European Union remains an important partner and Armenia is interested in deepening cooperation with the EU, taking into account its commitments assumed as a member of the Eurasian Economic Union,” said Kocharyan.

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign Up for Our Newsletters

Get notified of the latest updates from MassisPost.

You May Also Like

Armenian Special Forces Disarm Azeri Military Truck, Shoot Down another Drone

STEPANAKERT — Special Forces of the Nagorno-Karabakh Republic (NKR) Armed Forces have…

Dr. Hratch Tchilingirian to Discuss Challenges Facing Christianity in Middle East

GLENDALE – University of Oxford Associate, Dr. Hratch Tchilingirian will be in…

Glendale Schools to Offer Armenian Language Classes

GLENDALE — As Glendale school officials continue to review a plan to…

PM Pashinyan on Official Visit to Qatar, Several MoUs and Cooperation Agreements Signed Between the Two Countries

DOHA — On an official visit to the State of Qatar, Armenian…