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Armenia’s Public Services Regulatory Commission (PSRC) and Greece’s Regulatory Authority for Energy, Waste and Water (RAAEY) have signed a memorandum of understanding, laying the groundwork for closer cooperation in the energy and water sectors.
Following the signing ceremony, PSRC Chairman Mesrop Mesropyan said the primary focus of the cooperation would be the exchange of expertise and joint work in water sector regulation.
“We primarily plan to cooperate on water sector regulation. We already have partners in the other areas we regulate, so we attach particular importance to the water sector and will work with our Greek counterparts in that direction. I can say with certainty that we will begin the practical work as early as tomorrow,” Mesropyan said.
He noted that this is the commission’s first such cooperation with Greece, adding that over the past 27 years the PSRC has signed similar memorandums with regulatory authorities from various countries and has extensive experience in implementing them.
Konstantinos Tsimaras, head of Greece’s Regulatory Authority for Energy, Waste and Water, said the agreement would help strengthen ties between the two countries.
“I am confident that this cooperation will be effective and create new opportunities for exchanging expertise in the water and energy sectors. I believe this marks the beginning of a long-term and productive partnership between our two countries, and I hope we will expand this close cooperation to other areas in the future,” he said.