YEREVAN, April 03, /ITAR-TASS/. Armenian Prime Minister Tigran Sargsyan resigned on Thursday, April 3. The resignation was announced at a meeting of the ruling Republican Party leaders’ meeting in Yerevan.

He tendered resignation to President Serzh Sargsyan a month ago but it was put away pending Armenia’s accession to the Customs Union of Belarus, Kazakhstan and Russia and the Republican Party’s economic forum on this topic.

In his letter of resignation, Sargsyan wrote that “the decision is timely and well considered”.

“This is a balanced decision that was not made on the spur of the moment,” Eduard Sharmazanov, the party’s spokesperson and parliament deputy speaker, said.

Under the Constitution, a new prime minister has to be appointed within ten days after the government’s resignation. A new government has to be appointed within 20 days after the appointment of the prime minister.

Sargsyan was reappointed as prime minister in May 2013.