Armenia to allocate $500,000 to Japan for elimination of quake aftermathApril 7, 2011 - 15:49 AMT PanARMENIAN.Net - The Armenian government decided to allocate $500,000 to Japan for elimination of the disastrous earthquake and tsunami aftermath. Armenian Prime Minister Tigran Sargsyan said the government’s decision is fulfillment of moral obligation of the Armenian people. Besides, a range of international agreements were approved during the governmental sitting –on technical cooperation with China, under which the People's Republic of China will allocate aid to Armenia at the amount of 40mln yuans; on visa regime relaxation with Korea for persons with diplomatic and service passports; on avoidance of double taxation of property and income with Great Britain. A 9.0 magnitude earthquake and tsunami on March 11 knocked out the cooling systems of the Fukushima plant's six reactors - triggering explosions and fires, releasing radiation and sparking global fears of a widening disaster. 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 |