EIB ready to discuss North-South transport corridor funding tranche 3August 8, 2012 - 21:57 AMT PanARMENIAN.Net - On August 8, Armenian Minister of Transport and Communications Gagik Beglaryan met with European Investment Bank (EIB) director of planning and settlement of operations Heinz Olbers. Minister Beglaryan commended EIB for the cooperation, stressing the need for speeding up preparatory works for Armenia-related programs. Issues related to the schedule of technical analyses and preparatory works were further discussed. EIB expressed readiness to allocate USD 50 mln. to repair Vanadzor-Bagratashen 92 km highway (border with Georgia). Mr. Olbers accepted Minister Beglaryan’s proposal on speed-up of Armenia-related programs, with EIB voicing readiness to discuss North-South transport corridor funding tranche 3. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |