YEREVAN. – Development of the new Electoral Code of Armenia is planned for completion by the first quarter of next year.

Prime Minister Hovik Abrahamyan on Wednesday noted the aforesaid at his talk with the European Union (EU) member states’ ambassadors and embassy representatives who are accredited in Armenia. 

Press Office of the Government of Armenia informed Armenian News-NEWS.am that the PM added that economic competition-related bills, which were prepared in collaboration with European experts, have been introduced to the National Assembly.

In Abrahamyan’s words, these regulations were amended by way of making them in line with the regulations of the Eurasian Economic Union, in which Armenia is a member.

The Premier also stressed that the development of economic competition and ensuring of transparency in economy are among the top priorities of the Armenian government.

Head of the EU Delegation to Armenia, Ambassador Piotr Świtalski, in turn, underscored the measures being taken to boost economic competitiveness in Armenia. He also expressed confidence that these measures will contribute to the further improvement of the country’s business climate, development of Armenia-EU economic ties, and attracting of new investment.

Hovik Abrahamyan, for his part, also highlighted the close cooperation with Armenia’s political forces and civil society as well as with the international organizations, and toward the development of a new Electoral Code in the country.