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OPEC International Development Fund To Provide 14 Million USD To Arm

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  • OPEC International Development Fund To Provide 14 Million USD To Arm

    OPEC INTERNATIONAL DEVELOPMENT FUND TO PROVIDE 14 MILLION USD TO ARMENIA

    ARMENPRESS
    Dec 25, 2008
    YEREVAN

    Armenian ambassador to Austria Ashot Hovakimian and General Director
    of OPEC International Development Fund Suleyman al Herbish signed
    December 23 an agreement on providing 14 million US Dollar credit to
    Armenian government.

    Armenian Foreign Ministry press service told Armenpress that the credit
    is provided for the implementation of "Marketing Opportunities for
    Farmers" program which intends to promote the economy of Armenia's
    rural areas.

    The general director of the fund noted that this is the third joint
    program with Armenia. He said he is pleased that cooperation has been
    established with the Armenian government and expressed hope that in
    future as well the effective cooperation will continue.

    A. Hovakimian expressed gratitude on behalf of the Armenian government
    for the provided credit and support. He highly underscored cooperation
    with the fund and noted that during the coming visit to Armenia
    scheduled for the next year the general director will have an
    opportunity to see with his own eyes the results of the programs
    carried out by the means of the fund.
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