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SWITZERLAND TO ALLOCATE $31 MILLION TO ARMENIA
YEREVAN, July 16. / ARKA /
Switzerland will provide Armenia with over $31.5 million as part of
its South Caucasus Cooperation Program in 2013-2016, according to
Rudolf Schoch, regional head of the Swiss Cooperation Office for the
South Caucasus.
The overall budget for the region is $120 million. Azerbaijan will
receive $30 million and Georgia -$40 million. The remaining funds
will be used for joint regional projects, Schoch said to reporters
during the presentation of the program.
He said the funds will be used to spur economic development in the
three countries, development of local self-government institutions,
as well as protection of human rights and conflict resolution.
According to Caucasus Institute director Alexander Iskandaryan, the
amount released to Armenia is quite significant, given the size of
its population as opposed to other two countries.
He said similar Swiss programs have always benefited Armenia, in
particular, its agricultural development. The organization's strategy
for the next four years calls for expansion of activity, particularly
at local government level and resolution of the Karabakh conflict,"
Iskandaryan said.
In his view, such programs can not change the situation radically in
the region, but at the same time they are useful and important for
Armenia and the region as a whole. -0-
- See more at:
http://arka.am/en/news/economy/switzerland_to_allocate_31_million_to_armenia/#sthash.4sjn0HTr.dpuf
YEREVAN, July 16. / ARKA /
Switzerland will provide Armenia with over $31.5 million as part of
its South Caucasus Cooperation Program in 2013-2016, according to
Rudolf Schoch, regional head of the Swiss Cooperation Office for the
South Caucasus.
The overall budget for the region is $120 million. Azerbaijan will
receive $30 million and Georgia -$40 million. The remaining funds
will be used for joint regional projects, Schoch said to reporters
during the presentation of the program.
He said the funds will be used to spur economic development in the
three countries, development of local self-government institutions,
as well as protection of human rights and conflict resolution.
According to Caucasus Institute director Alexander Iskandaryan, the
amount released to Armenia is quite significant, given the size of
its population as opposed to other two countries.
He said similar Swiss programs have always benefited Armenia, in
particular, its agricultural development. The organization's strategy
for the next four years calls for expansion of activity, particularly
at local government level and resolution of the Karabakh conflict,"
Iskandaryan said.
In his view, such programs can not change the situation radically in
the region, but at the same time they are useful and important for
Armenia and the region as a whole. -0-
- See more at:
http://arka.am/en/news/economy/switzerland_to_allocate_31_million_to_armenia/#sthash.4sjn0HTr.dpuf