China to give Armenia 70 million yuan in aid
Updated: 2012-12-29 00:47


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.

From: Emil Lazarian | Ararat NewsPress