YEREVAN. – With his announcement, Serzh Sargsyan remained loyal to Armenia’s Constitution, pursuant to which the same person cannot be President more than twice.  

Communist Party of Armenia (CPA) Central Committee First Secretary Tachat Sargsyan stated the aforementioned at a press conference on Saturday.

As for the proposed constitutional reforms, according to Sargsyan, the present-day situation in Armenia does not require the implementation of such reforms in the country.

“The draft for the constitutional reforms is not in our people’s interests, and it is ill-timed,” the CPU leader noted.    

He also stressed that today it is better to make use of Armenia’s entire power and abilities in order to develop the country’s industry and to venture out into foreign markets.