OPEC to promote agricultural development in ArmeniaDecember 16, 2009 - 19:02 AMT PanARMENIAN.Net - Armenian Vice Premier Armen Gevorgyan Tuesday met with Head of OPEC (OFID) International Development Fund Jazir Al-Herbish, Ministry's press service reported. Present at the meeting was Gagik Matevosyan, Head of "Rural Territories Development Program" at Ministry of Agriculture.Armenia-OFID cooperation began in 2004. Over 5 years, 4 programs were implemented, mostly in the sphere of gas supply. OFID funding in Armenia comprised USD 30 million. Negotiations are now being held for attracting an additional sum of USD 20 million. Armenian Vice Premier and Head of OFID discussed issues concerning the new investment program. Rural Empowerment Program will be co-funded by OFID and IFAD (International Fund for Agricultural Development). Armen Gevorgyan informed that OFID funding is due in the second half of 2010 and requested fund leadership to implement procedural steps within the shortest time limits. Agreement was achieved for approving the program in March 2010, after discussions between OFISD and IFAD. 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 | 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. |