ARKA News Agency, Armenia
March 10 2006

ARMENIA, “MILLENNIUM CHALLENGES” CORPORATION TO SIGN $235.6MLN
AGREEMENT ON MARCH 27

YEREVAN, March 10. /ARKA/. An agreement between Armenia and the
“Millennium Challenges” corporation is to be signed in Washington,
USA, on March 27, 2006.
The press service of the RA Ministry of Finance and Economy reports
that the $235.6mln 5-year agreement is to be signed by RA Minister of
Finance and Economy Vardan Khachatryan and Director of the
corporation John Danilovich.
US Secretary of State Condoleezza Rice is to attend the signing the
ceremony.
On March 10, 2006, RA Prime Minister Andranik Margaryan made a
decision under which an Armenian delegation headed by the RA Minister
of Finance and Economy is to leave for Washington on May 25-30 to
sign the agreement.
The Armenian delegation is to include Chief Presidential Economic
Advisor Vahram Nersisyants, RA Foreign Minister Vardan Oskanyan. The
Armenian program “Millennium Challneges” was prepared by an
interagency group chaired by the RA Minister of Finance and Economy
under the patronage of the trustees of the Armenian program of the
“Millennium Challenges” corporation headed by the RA Premier.
The goal of the program is rural poverty reduction through ensuring a
stable increase in agricultural output. P.T. -0–