  Armenia will raise new funds to upgrade nuclear plant May 7, 2020 - 21:10 AMT PanARMENIAN.Net - Armenia will raise new funds to upgrade the Nuclear Power Plant in Metsamor, Minister of Territorial Administration and Infrastructures Suren Papikyan said in the parliament on Thursday, May 7. According to him, authorities are planning to change the format of financing, and no funds from Russia will be attracted. “Armenia is considering raising new funds right. And we are negotiating with partners to not extend the loan agreement that has expired,” Papikyan explained. Most of the $270 million loan provided by Russia has already been spent on the modernization of the NPP.   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 |  Latest news U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement  Blinken said it is an important step towards concluding a durable and dignified peace agreement.Residents Of border villages protest as Armenia, Azerbaijan agree on delimitation Residents of several Armenian communities in the northeastern Tavush province began protests late on Friday.European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. |
