  PM instructs to organize talks with ADB over North-South highway June 6, 2013 - 12:56 AMT PanARMENIAN.Net - Armenian Prime Minister Tigran Sargsyan instructed the ministries of Foreign Affairs, Transport and Communication, Finance and Economy to organize negotiations with the representatives of Asian Development Bank (ADB) over a North-South highway construction program. “Control Chamber revealed violations in fulfillment of financial obligations to ADB,” the Prime Minister said. The official urged to introduce amendments in the agreement with ADB to avoid fines. Sargsyan cited ineffective program management and change in contractor’s concepts as the reason for the problems. The official instructed to provide ADB with necessary information also offering to participate in negotiations with the Bank.   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 The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
