left corner left corner
China Daily Website

China to give Armenia 70 million yuan in aid

Updated: 2012-12-29 00:47
( Xinhua)

YEREVAN, Armenia - China agreed Friday to give Armenia a grant of 70 million yuan ($11.2 million) as part of an economic and technical partnership agreement.

The agreement was signed between Deputy Foreign Minister Sergey Manassarian and Chinese Charge d'Affaires Chao Mingwen.

Armenia will use the aid to re-equip its customs services, but the biggest portion of the grant will go to establishing a school that will have teaching Chinese as a specialty.

China has been providing aid to Armenia since 1999 under the economic and technical partnership. In 2012, Armenia and China marked the 20th anniversary of establishing diplomatic relations.

8.03K
 
...
 
  • Group a building block for Africa

    An unusually heavy downpour hit Durban for two days before the BRICS summit's debut on African soil, but interest for a better platform for emerging markets were still sparked at the summit.
...
...