Armenian National Assembly member says that deepening of trade relations will result in progress in struggle against corruption and abuse of monopoly power.
Karen Tchmarityan voiced hope for the government to continue implementation of reforms aimed at meeting EU conditions on free trade zone formation talks. “Significant drop in Armenia’s corruption level has recently been recorded,” the MP said, expecting the role of monopoly power to also decline.
“We must fight not the monopolies themselves but their abuses. I’m certain that signing the free trade zone agreement will be accompanied by significant changes for the better,” Mr. Tchmarityan said.
Armenian President Serzh Sargsyan and President of the European Commission, José Barroso, officially launched the negotiations for Deep and Comprehensive Free Trade Area (DCFTA) between Armenia and the EU.
“The DCFTA has the potential to boost the Armenian economy, as it will speed up anyway necessary reforms. If properly implemented, it can offer a new perspective for the Armenian economy, access to the Single European Market, ease the effects of the Turkish border blockade, and generally upgrade Armenia’s standards to a European level,” said EuFoA Senior Research Fellow, Dr Sargis Ghazaryan.
