Announcement

Collapse
No announcement yet.

Armenia applies to EEC for $1 billion loan

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

  • Armenia applies to EEC for $1 billion loan

    Aysor, Armenia
    May 22 2010


    Armenia applies to EEC for $1 billion loan


    The Eurasian Economic Community (EEC) is considering Armenia's
    application for a loan to build a railway connecting Armenia and Iran,
    Russian Prime Minister Vladimir Putin said.

    `From the economical point of view this is not a simple project.
    However, Armenia has applied for more than a billion dollar loan to be
    provided by the EEC. The application is being considered,' Vladimir
    Putin told the MIR Broadcasting Company.

    Interfax said that the project's goal is `to give Armenia a way to the
    Iranian border by rail, not for connecting Iran and Russia.'
Working...
X