ROBERT KOCHARYAN: ECONOMIC GROWTH IN ARMENIA WILL SUSTAIN
ArmRadio.am
30.05.2007 16:14
The economic growth will sustain in Armenia at least during the coming
3-5 years, RA President Robert Kocharyan said during the sitting of
the Presidential Council on Atomic Energy.
In his words, Armenia has been stably developing after the previous
sitting of the Council in October 2005. "Both in 2005 and 2006 the
republic showed double-digit numbers of economic growth," Robert
Kocharyan underlined, informing that a stable 12.5 economic growth has
been observed in the republic in the course of the past six years. The
President mentioned that in 2007 the paces of GDP growth are close to
these indices. In his speech the President laid a special emphasis
on the reforms without which the economic growth would be useless,
according to him.
Mr. Kocharyan reminded that Armenia was included in the New
Neighborhood Policy, adopted the Action Plan, which is mainly targeted
at social reforms.
Armenia has launched serious energy projects with the Russian
Federation. A trilateral project in the sphere of energy is being
implemented together with Iran and Georgia, negotiations are underway
on a number of other energy projects.
Projects have been launched with the US in the framework of the
Millennium Challenge Compact, which will also have a positive impact
on the economic situation in Armenia, President Kocharyan noted.