Armenia to get 2m euros from regional project in 2005

Armenia to get 2m euros from regional project in 2005

Arminfo
26 Apr 05

YEREVAN

The main issue discussed at the TRACECA [Transport Corridor
Europe-Caucasus-Asia] conference in Baku was the issue of switching
the programme to self-financing by 2007. The Armenian side has given
its written consent to this, the chairman of the Transport and
Communications Ministry’s foreign relations department, Gagik
Arutyunyan, told journalists today.

In 2005, Armenia will receive 2m euros from the programme’s 9m-euro
budget. The funds will be channelled into the monitoring of the 300 km
Yerevan-Ayrum railway. Grigoryan expressed his hope that the
reconstruction of the railway in the Ayrum-Sadakhlo (12 km) section
will be included in the TRACECA budget of 2006, Arutyunyan said.

[Passage omitted: Armenia did not participate in the TRACECA
conference because it was not invited]