OPEC Fund for International Development to issue $14-million loan for Armenian rural area developmentDecember 25, 2008 - 14:00 AMT PanARMENIAN.Net - Armenia's Ambassador to Austria Ashot Hovakimian and Director-General of the OPEC Fund for International Development (OFID), Mr. Suleiman J. Al-Herbish signed Tuesday an agreement, according to which the OFID will issue a $14-million loan to Armenia for rural area development, the RA MFA press office reported."This is our third joint program with Armenia and we hope for further efficient cooperation with the RA government," Mr. Al-Herbish said. Thanking Mr. Al-Herbish for the assistance, Ambassador Hovakimian said that Armenia appreciates cooperation with the OPEC Fund for International Development. He noted that the OFID Director-General can himself assess the results of the program during his visit to Armenia in 2009. ![]() ![]() Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |