Time in Yerevan: 11:07,   19 April 2024

Russia to allocate grant funds to Armenia

Russia to allocate grant funds to Armenia

YEREVAN, MARCH 26, ARMENPRESS: The Government of the Republic of Armenia approved the draft agreement on providing a technical assistance to Armenia in the framework of the Eurasian Economic Union membership between the governments of the Republic of Armenia and the Russian Federation. The Deputy Minister of Finance of the Republic of Armenia Pavel Safaryan stated that by that Russia will allocate a free aid of 47 million US dollars and 130 million Russian rubles to Armenia.
According to Safaryan, Armenia has applied to the Russian Federation with the request to provide grant funds for the implementation of events in six directions (customs administration, technical regulations, sanitary, phytosanitary and veterinary measures, statistics, industry, building a common information space and integrated information system), defined by the roadmap of the Customs Union and the United Economic Space. Armenpress reports that the Deputy Minister of Finance of the Republic of Armenia stated that the detailed budget of the necessary works, goods, services and trainings for the corresponding works was also presented to Russian side.
“In the framework of these funds, the Russian side will provide Armenia with the necessary equipment, devices and software for the implementation of the corresponding services. At the same time the Russian party will organize the training and professional development of the Armenian representatives”, - said Safaryan.








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