Pashinyan: formation of innovative industrial clusters is important

YEREVAN, June 8. /ARKA/. Armenia believes that the Agreement On Free Trade in Services and Execution of Investments is a great opportunity to give a new push to the development of investment activities in the Commonwealth of Independent States (CIS) member countries, Armenian Prime Minister Nikol Pashinyan said today speaking at a session of the CIS Council of Heads of Governments in Russian Sochi.

He said Armenia is ready for practical application of the provisions of this agreement

"One of our important tasks is to create favorable conditions for stepping up cooperative ties between business entities of our countries to form innovative industrial clusters and scientific-production zones," he said.

At the same time, the prime minister pointed out that against the background of rapid scientific and technological progress environmental problems are gradually becoming more acute and the need to create effective mechanisms to reduce risks to the environment is growing.

"Therefore, the development of ecologically clean nuclear power for peaceful purposes is necessary to ensure sustainable development and reduce the negative impact on the environment," Pashinyan said, noting that the Armenian side supports the signing of an agreement on cooperation in data exchange for monitoring the radiation situation. -0-