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    Categories: News

ARKA News Agency – 11/26/2004

ARKA News Agency
Nov 26 2004

Armenian officially receives the status of observer in International
Francophone Organization

New coin of AMD 10 value to be put in circulation since December 1
2004 by CBA

Over AMD 7 mln. is collected in NKR for the construction of North
–South highway

Trade turnover between Korea and Armenia for 10 months 2004 makes $2
mln

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ARMENIAN OFFICIALLY RECEIVES THE STATUS OF OBSERVER IN INTERNATIONAL
FRANCOPHONE ORGANIZATION
YEREVAN, November 26. /ARKA/. Armenia officially received the status
of observer in International Francophone Organization. According to
the Press and Information Department of RA Foreign Ministry, the RA
Foreign Minister noted in his thankful speech that the decision to
confer the status of observer to Armenia will even more strengthen
the adherence of the republic to values and principles of
francophone.
The official Armenian delegation headed by Vardan Oskanian took part
in the 10th summit of francophone states on November 24-27 in the
capital of Burkina-Faso Uagadugu. The official delegation of Armenia
was for the first time represented at the summit of International
Francophone Organization, which includes 51 countries. The status of
observers was granted to Czech Republic, Lithuania, Slovakia,
Slovenia and Poland. L.V.–0–

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NEW COIN OF AMD 10 VALUE TO BE PUT IN CIRCULATION SINCE DECEMBER 1
2004 BY CBA

YEREVAN, November 26. /ARKA/. Cba will put in circulation a new coin
of AMD 10 value since December 1 2004 in Armenia, as stated Gevorg
Toumanyan, the Head of Cash Operations Department of CBA. He noted
that the objective of the new issue is to bring the design of the
coin in accordance with the previously issued new series of coins.
The coins are cut in Poland as before. He noted that the cost of
cutting of the new coin is somewhat less than the prime cost of the
coin; it does not exceed AMD 5 for one coin. The coins of the old
issue can be exchanged with new ones in any commercial bank of the
country.
The new coin is much smaller than the coin of 1994 sample; however is
cut from the same metal- aluminum.
The coin of AMD 10 value was the first coin, which has been put in
circulation ion Armenia since 1994. According to the estimates of
CBA, currently there are about 150 mln AMD 10-value coins in Armenia.
($1=AMD 501,01). L.V. –0–

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OVER AMD 7 MLN. IS COLLECTED IN NKR FOR THE CONSTRUCTION OF NORTH
–SOUTH HIGHWAY

STEPANAKERT, November 26. /ARKA/. Over AMD 7 mln. Is collected in NKR
for the construction of North –South highway. According to ARKA’s
reporter in Stepanakert, collecting money in NKR was conducted
simultaneously with the TV marathon held in the USA. At present over
AMD 7 mln. 200 thsd is sent to the account of Artsakhbank. Most
donations were done by individuals and legal entities of Martakert
region (NKR) totaling AMD 1 mln. 800 thsd.
To remind, to complete the construction of the highway worth AMD 25
mln. about USD 12,5 mln is required. ($1 – AMD 501,01). A.H. –0–

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TRADE TURNOVER BETWEEN KOREA AND ARMENIA FOR 10 MONTHS 2004 MAKES $2
MLN

YEREVAN, November 26. /ARKA/. Trade turnover between Korea and
Armenia for 10 months 2004 made $2 mln., as sted by the President of
Korean Trade Center in Moscow Lee Kwang-Hee. According to him, the
speed of trade turnover slowed down a bit as compared to 2003. During
the last year it made $3,7 mln. According to Lee Kwang-Hee, the list
of goods imported and exported is not big. Armenia mainly imports
tobacco goods, various electronics, refrigerators, boilers from
Korea, and exports transistors and components for optic and medical
devices. “Armenian and Korean entrepreneurs don’t know one another
well yet”, he said noting the importance of the Armenian-Korean
business forum held these days in Yerevan. A.H. –0—

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–Boundary_(ID_tf0rCN4HBf4sDohorZlu4w)–

Hunanian Jack:
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