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ARMENIA HOPES TO DEEPEN COOPERATION WITH ADB: TRANSPORT MINISTER
/ARKA/
November 7, 201
YEREVAN
YEREVAN, November 7. / ARKA /. Armenia hopes to deepen cooperation
with the Asian Development Bank (ADB), Manuk Vardanian, Minister of
Transport and Communication of ArmeniaŠ± said Friday during a meeting
with newly appointed head of ADB Mission in Armenia David Dole,
the press service of the Ministry of Transport and Communication said.
According to a press release, Vardanian congratulated Dole on his
appointment and spoke about ADB-funded road projects in Armenia,
in particular, the construction of North-South transport corridor.
The Armenian government approved January 14, 2010 an investment
program to build North-South transport corridor, as well as a $500
million framework financial agreement between Armenia and the Asian
Development Bank.
The North-South transport corridor will enable Armenia to mitigate
the effects of the blockade of Armenia by Azerbaijan and Turkey,
play an important role in freight transit in the region, as well as
join the Black Sea Ring Highway.
From: Baghdasarian
/ARKA/
November 7, 201
YEREVAN
YEREVAN, November 7. / ARKA /. Armenia hopes to deepen cooperation
with the Asian Development Bank (ADB), Manuk Vardanian, Minister of
Transport and Communication of ArmeniaŠ± said Friday during a meeting
with newly appointed head of ADB Mission in Armenia David Dole,
the press service of the Ministry of Transport and Communication said.
According to a press release, Vardanian congratulated Dole on his
appointment and spoke about ADB-funded road projects in Armenia,
in particular, the construction of North-South transport corridor.
The Armenian government approved January 14, 2010 an investment
program to build North-South transport corridor, as well as a $500
million framework financial agreement between Armenia and the Asian
Development Bank.
The North-South transport corridor will enable Armenia to mitigate
the effects of the blockade of Armenia by Azerbaijan and Turkey,
play an important role in freight transit in the region, as well as
join the Black Sea Ring Highway.
From: Baghdasarian