RUSSIA TO PROVIDE ARMENIA WITH $700,000 ASSISTANCE
YEREVAN, April 2. / ARKA /. Russia will provide Armenia with $700,000
assistance this year through the United Nations Industrial Development
Organization (UNIDO), the Russian foreign ministry said today in
a statement. It said the money will be used to boost Armenia’s
industrial output.
The Russian foreign ministry said the funds will be used to implement
a project designed to improve the competitiveness of export- oriented
industries in Armenia by modernizing and expanding access to markets.
Russia said this assistance ‘confirms the readiness of Russia to
support the friendly nation of Armenia to ensure its sustainable socio-
economic development.”
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