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Armenia to get 2m euros from regional project in 2005

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  • Armenia to get 2m euros from regional project in 2005

    Armenia to get 2m euros from regional project in 2005

    Arminfo
    26 Apr 05

    YEREVAN

    The main issue discussed at the TRACECA [Transport Corridor
    Europe-Caucasus-Asia] conference in Baku was the issue of switching
    the programme to self-financing by 2007. The Armenian side has given
    its written consent to this, the chairman of the Transport and
    Communications Ministry's foreign relations department, Gagik
    Arutyunyan, told journalists today.

    In 2005, Armenia will receive 2m euros from the programme's 9m-euro
    budget. The funds will be channelled into the monitoring of the 300 km
    Yerevan-Ayrum railway. Grigoryan expressed his hope that the
    reconstruction of the railway in the Ayrum-Sadakhlo (12 km) section
    will be included in the TRACECA budget of 2006, Arutyunyan said.

    [Passage omitted: Armenia did not participate in the TRACECA
    conference because it was not invited]
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