RA is interested in multilateral economic cooperation in the region. Ara Babloyan

Certain tensions in the region are an obstacle to the deepening of economic interaction between individual countries and groups of countries. The development of economic integration, the strengthening of the economic potential of the states of the region can be a good prerequisite for responding to the existing challenges and strengthening stability. This was announced by RA NA Speaker Ara Babloyan at the 52nd Plenary Session of the General Assembly of the National Assembly of the Republic of Armenia.  

According to him, the role of the CSTO PA is significantly increasing, because the economy is a key factor in international relations, and economic relations often create favorable conditions for the formation of an effective political agenda, which contributes to the settlement of controversial issues and limits the prospects of confrontation. The commonality of tasks and perspectives unites, calling for solidarity and cooperation in order to strengthen democracy and fundamental values ​​in the entire region.

“The peculiarity of the PA of the SSR is that it is the only parliamentary organization in the region with an exclusively economic character. The CSTO PA is a dynamic democratic forum for dialogue and cooperation, as well as an important channel of communication between the peoples of the region through their elected representatives. We are committed to the development of peace, security, stability and economic partnership in the region. In order to give a new impetus to regional economic cooperation, we call on all members of the CSTO PA to continue joint actions in this direction. A need for the PSC PA has the ability to deepen creative thinking, which rejects the display of hostility and the politics of dividing lines,” Babloyan said.

The Speaker of the National Assembly emphasized that Armenia is interested in the further development of multilateral economic cooperation in the region, but at the same time we do not stop repeating that the main idea and priority of the creation of the CSTO PA is the strengthening of economic cooperation between the CSTO member states.

“Armenia confirms its commitment to this idea and insists that for the effective implementation of the goals of the CSTO, it is necessary to preserve the economic nature of the organization, avoiding excessive politicization,” he said, adding that Armenia is ready to continue to make a constructive contribution to the development of cooperation between the CSTO countries, contributing to the strengthening of the structure and proposing new regional and global integration projects and initiatives.