RA Minister of Transport, WB representative sign $50mln protocolJune 9, 2010 - 17:25 AMT PanARMENIAN.Net - Armenian Minister of Transport and Communication Manuk Vardanyan and coordinator of the WB program on regional infrastructures Olivier le Ber signed a $50mln protocol on additional financing for implementation of the second stage of the Lifeline Road Improvement program. The program envisages rehabilitation of lifeline roads with total length of 190km and creation of jobs in the field of road construction. Meanwhile, 50km will be repaired this year, the Ministry’s press service reported. On July 15, the program will be submitted for the WB Board of Directors approval, after which a loan agreement will be signed. The WB loan will total $40mln, while the rest $10mln will be allocated by the Armenian government. 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 | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |