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China to give Armenia 70 million yuan in aid

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  • China to give Armenia 70 million yuan in aid

    Xinhua General News Service, China
    December 28, 2012 Friday 1:16 AM EST


    China to give Armenia 70 million yuan in aid

    YEREVAN Armenia, Dec. 28


    China agreed Friday to give Armenia a grant of 70 million yuan (11.2
    million U.S. dollars) 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.

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