  EBRD will provide €10.6m loan to Armenia for new border crossing point September 18, 2020 - 18:13 AMT PanARMENIAN.Net - The European Bank for Reconstruction and Development will provide a €10.6 million loan to Armenia to co-finance the construction of a new border crossing point near the town of Meghri on the border with Iran, Chairman of the State Revenue Committee Edvard Hovhannisyan said on Friday, September 18. The current infrastructure in Meghri is outdated. According to information posted on the bank's website, the operational, technical, engineering, environmental and safety conditions at the BCP need to be improved in order to meet modern safety and security requirements and adhere to international border management standards. Hovhannisyan said Friday that the new border crossing point will be ready in 2023, with a stronger capacity and a bigger area. The project will improve the quality and technical conditions of the border crossing-point infrastructure. It will also contribute to the operational continuity of freight and passenger flows through Meghri BCP and thus to regional cross-border integration.   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 Pasadena to host Armenian Genocide commemoration event  The Pasadena Armenian Coalition will host its community-wide Armenian Genocide Commemorative Event.Armenia: Opposition activist transferred to Investigative Committee Activist Samvel Vardanyan has been accused of insulting the lawmaker Hakob Aslanyan from the ruling Civil Contract party.Russia confirms start of withdrawal of peacekeepers from Karabakh The Kremlin has confirmed reports about the start of the withdrawal of Russian peacekeeping forces in Karabakh.France recalls its ambassador to Azerbaijan France on April 16 said it had recalled for consultations the French ambassador to Azerbaijan. |
