Iran-Armenia railroad construction project enters agreement phase

PanARMENIAN.Net - The agreement will be signed with the Asian Development Bank (ADB) over loan funds for the feasibility study (FS) of the Iran-Armenia railroad construction project, Gurgen Sargsyan, Minister of Transport and Communication of Armenia said today.



According to Gurgen Sargsyan, within a year, an agreement will be signed with ADB under which Armenia will receive funding to implement the feasibility study.
 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
---