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China to give Armenia 70 million yuan in aid

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  • China to give Armenia 70 million yuan in aid

    China to give Armenia 70 million yuan in aid
    Updated: 2012-12-29 00:47

    (Xinhua)


    YEREVAN, Armenia - China agreed Friday to give Armenia a grant of 70
    million yuan ($11.2 million) as part of an economic and technical
    partnership agreement.
    The agreement was signed between Deputy Foreign Minister Sergey
    Manassarian and Chinese Charge d'Affaires Chao Mingwen.
    Armenia will use the aid to re-equip its customs services, but the
    biggest portion of the grant will go to establishing a school that
    will have teaching Chinese as a specialty.
    China has been providing aid to Armenia since 1999 under the economic
    and technical partnership. In 2012, Armenia and China marked the 20th
    anniversary of establishing diplomatic relations.



    From: Emil Lazarian | Ararat NewsPress
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