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Nairit Loan From EurAsEC Anti-Crisis Fund Still Under Question

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  • Nairit Loan From EurAsEC Anti-Crisis Fund Still Under Question

    NAIRIT LOAN FROM EURASEC ANTI-CRISIS FUND STILL UNDER QUESTION

    Vestnik Kavkaza
    Oct 31 2011

    Armenian Prime Minister Tigran Sargsyan has commented on the loan
    for the Nairitu chemical plant, Armenia Today reports.

    The loan will be issued for 10-15 years from the EurAsEC anti-crisis
    fund. The enterprise requested the loan last year. A document was
    composed with prospects for the factory. Nairitu currently needs an
    operator to manage it.

    An operator is essential for the loan, it will allow the government
    to take up additional risks. Sargsyan noted that they are currently
    working on the issue.

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