Announcement

Collapse
No announcement yet.

BAKU: Agreement Signed On Russia's Granting $500 Million Loan To Arm

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • BAKU: Agreement Signed On Russia's Granting $500 Million Loan To Arm

    AGREEMENT SIGNED ON RUSSIA'S GRANTING $500 MILLION LOAN TO ARMENIA

    APA
    Feb 9 2009
    Azerbaijan

    Yerevan - APA. Initial agreement was signed on Russia's granting
    $500 million loan to Armenia, Armenia's Ministry of Finance said,
    APA reports.

    The loan covers 15 years and will be concessional in the first 4
    years. The agreement does not lay any others obligations on Armenia.

    Armenia also plans to receive approximately $500 million loan from the
    World Bank, Asian Development Bank and European Bank for Reconstruction
    and Development.
Working...
X