YEREVAN, August 7. /ARKA/. Transport integration along the North-South axis is an extremely important direction, and Armenia is interested in it, Andrei Shirokov, the executive director of the Project Unit at the Eurasian Fund for Stabilization and Development (EFSD), said in an exclusive interview with ARKA news agency.

According to him, Armenia's interest is justified, because as a result the country "will improve transport capabilities, access to markets and will start earning transit generated revenue." Shirokov also said that Russia is also interested in the appearance of such a corridor.

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Tags: Armenia, EFSD, North-South, participation

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An agreement, under which the Eurasian Fund for Stabilization and Development extends an investment loan to Armenia for building a section of North-South motorway, came into force last week, the press office of the Eurasian Development Bank reported on Tuesday

Categories: Economy @en, General news, News, News of the hour | Comments Off on Loan agreement between Eurasian Development Bank and Armenia for North-South motorway construction takes force

Tags: Armenia, EDB, LOAN AGREEMENT, North-South

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