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China To Provide Additional $16-Million Grant To Armenia

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  • China To Provide Additional $16-Million Grant To Armenia

    CHINA TO PROVIDE ADDITIONAL $16-MILLION GRANT TO ARMENIA

    September 10, 2013 | 14:05

    YEREVAN. - The People's Republic of China will provide an additional
    $16-million grant to Armenia.

    The respective agreement was reached Tuesday during the talk between
    Armenia's Prime Minister Tigran Sargsyan-who is in China on a working
    visit-and Li Keqiang, Premier of the State Council of the People's
    Republic of China, in Dalian city.

    The Chinese premier thanked Sargsyan for attending the World Economic
    Forum in Dalian, informs the Armenian government press service.

    In turn Armenia's PM reflected on bilateral relations.

    "The development of relations with China is a priority for us. I would
    like to thank China for its balanced position on the Nagorno-Karabakh
    issue. I am also happy that our relations are deepening," Tigran
    Sargsyan stated, in particular.

    "I know that you and the Armenian people give great emphasis to Chinese
    culture. In this regard, we stand ready to increase the number of
    your students at the institutions of higher education of China,
    and to expand the activities of the Confucius Center [in Armenia].

    "We are prepared to guide our citizens toward visiting Armenia.

    Activities will be carried out toward increasing Chinese investments
    in Armenia. We are also ready to import a variety of products from
    Armenia to the Chinese market.

    "We have made a decision to provide an additional 100-million-yuan
    [approx. $16 million] free financial aid to the Government of Armenia,
    to carry out joint projects.

    "China's position on the Nagorno-Karabakh issue is that the parties
    should be able to reach a solution with restraint and talks, and
    peace should be established in the region," specifically noted the
    Chinese premier.

    News from Armenia - NEWS.am

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