CHINA TO PROVIDE GRATUITOUS AID OF 10 MLN YUANS FOR ARMENIA

Noyan Tapan News Agency, Armenia
Sept 27 2005

BEIJING, SEPTEMBER 27, NOYAN TAPAN. The delegation headed by Artashes
Tumanian, Head of the RA Presidential Administration and Chairman
of the Armnenian part of the Armenian-Chinese Trade and Economic
Commission, left for Beijing on September 26 in order to participate
in the fourth sitting of the Commission.

During the meeting with Chinese Deputy Minister of Trade Tszin,
the sides presented to each other the process of economic reforms
in Armenia and China and discussed the prospects of developing the
bilateral economic cooperation. It was noted that the realtions between
the two countries in the political, economic, cultural, scientific and
other spheres started developing intensively after the establishment
of diplomatic relations between Armenia and China in 1992.

According to the RA MFA Press and Information Department, at the end
of the sitting on the first day, an agreement was signed, under which
China will provide a gratuitous aid of 10 mln yuans (about 1 mln 120
thousand USD) for Armenia.

The Commission’s sitting was continued on September 27.