OPEC INTERNATIONAL DEVELOPMENT FUND TO PROVIDE 14 MILLION USD TO ARMENIA

ARMENPRESS
Dec 25, 2008
YEREVAN

Armenian ambassador to Austria Ashot Hovakimian and General Director
of OPEC International Development Fund Suleyman al Herbish signed
December 23 an agreement on providing 14 million US Dollar credit to
Armenian government.

Armenian Foreign Ministry press service told Armenpress that the credit
is provided for the implementation of "Marketing Opportunities for
Farmers" program which intends to promote the economy of Armenia’s
rural areas.

The general director of the fund noted that this is the third joint
program with Armenia. He said he is pleased that cooperation has been
established with the Armenian government and expressed hope that in
future as well the effective cooperation will continue.

A. Hovakimian expressed gratitude on behalf of the Armenian government
for the provided credit and support. He highly underscored cooperation
with the fund and noted that during the coming visit to Armenia
scheduled for the next year the general director will have an
opportunity to see with his own eyes the results of the programs
carried out by the means of the fund.