EU To Provide Grant Of 100m Euros To Armenia

EU TO PROVIDE GRANT OF 100M EUROS TO ARMENIA

Noyan Tapan
Jul 19 2007

YEREVAN, JULY 19, NOYAN TAPAN. The schedule of the primary events to
be implemented in 2007, envisaged by the EU-RA Actions Plan within the
framework of the European Neighborhood Policy was approved at the RA
government’s July 19 sitting. As Nerses Yeritsian, the RA Minister
of Trade and Economic Development, informed journalists after the
sitting, technical assistance will be provided to the departments
for the implementation of the events.

N. Yeritsian said that it is envisaged to allocate a grant of 100m
euros to Armenia for the coming five years by the EU-RA Actions Plan,
80% of which will be provided to the state budget for the purpose of
implementing reforms in various spheres, and the rest of the sum will
be provided for technical assistance.