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Switzerland provides Armenia with 6.5m Swiss aid

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  • Switzerland provides Armenia with 6.5m Swiss aid

    ArmenPress
    April 5 2004

    SWITZERLAND PROVIDES ARMENIA WITH 6.5 MILLION SWISS AID

    YEREVAN, APRIL 5, ARMENPRESS: The governments of Armenia and the
    Swiss Confederation signed on April 3 an agreement on technical,
    financial and humanitarian cooperation as part of the regional
    cooperation in the framework of which Armenia will receive 3.5
    million Swiss Frank as a technical aid and 3 million Franks as a
    humanitarian assistance. The agreement was signed by Armenian Finance
    and Economy minister Vartan Khachatrian and Head of Policy Department
    at the Swiss Foreign Ministry Blez Goden.
    The focus of the cooperation program, which will be implemented in
    Georgia and Azerbaijan as well, will be on promoting quality of
    governance, effective exploitation of natural resources and the
    disaster consequences. The program also aims at promoting the economy
    and integrating Armenia into the world economy.
    Switzerland has assisted Armenia since 1988 earthquake, mainly in
    the form of humanitarian assistance. Starting 1991, major focus was
    on long-term development programs. During 1993-2001, the government
    of Switzerland provided Armenia with 23-25 million dollars of
    humanitarian assistance within the framework of regional programs.
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