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Prime Minister Instructed To Start Urgent Negotiations On North-Sout

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  • Prime Minister Instructed To Start Urgent Negotiations On North-Sout

    PRIME MINISTER INSTRUCTED TO START URGENT NEGOTIATIONS ON NORTH-SOUTH ROAD CORRIDOR WITH ASIAN DEVELOPMENT BANK

    12:55, 6 June, 2013

    YEREVAN, JUNE 6, ARMENPRESS: The Prime Minister of the Republic of
    Armenia Tigran Sargsyan instructed the Armenian Ministers of Economy,
    Transport and Communications, Finance and Foreign Affairs to start
    urgent negotiations with the Asian Development Bank on the occasion
    of the findings of the Control Chamber of the Republic of Armenia
    during the construction works of the NorthSouth Road Corridor.

    "In the agreement with the Asian Development Bank it is necessary to
    make corresponding amendments so that no penalty or sanctions are
    imposed on Armenia because of the revealed deficiencies. The delay
    of the construction works were conditioned by the fact that by the
    initiative of the Asian Development Bank different methodological
    changes were made in the preliminary agreement", - said the Prime
    Minister of the Republic of Armenia Tigran Sargsyan, as reported
    by Armenpress.

    If needed, the Prime Minister of Armenia will participate in the
    negotiations as well, as it is quite an important issue for the
    Republic.

    On June 1 the President of the Chamber of Control of the Republic
    of Armenia Ishkhan Zakaryan announced that serious violations were
    revealed in the construction works of the North-South Road Corridor.

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