Government and Asian Development Bank Join Forces to Boost Climate Resilience in Armenia’s Rural Communities
The Armenian government signs an MoU with ADB for a climate change program. The $3 million grant will increase rural resilience and safety. Key indicators for success include solar energy installations and assistance for rural development.
“Armenia Takes Bold Step towards Sustainable Future with Landmark Environmental Program”
The government signed an MOU for the “RESILAND: Armenian Landscape Resilience Program” between Armenian Reconstruction and Development Bank and International Bank for Reconstruction and Development. Activities include protected areas management, biodiversity preservation, and restoration measures. Armenia aims to reduce greenhouse gas emissions by 40%.
“First President Set to Reconsider Lifting Immunity: Focuses on Provincial Engagement, Electoral Reform, and State Security”
The First President plans to withdraw immunity revocation decision and focus on province visits, addressing concerns, praising and criticizing. Elections and security are top priorities. For more info, check today’s issue of “Publication” newspaper.
Armenia Secures EUR 92 Million and USD 16 Million for Sustainable Development Initiatives in Groundbreaking Agreement with IBRD
Armenia signed a memorandum with the IBRD for “Sustainable, Green, and Inclusive Development” financing. The agreement includes loans and grants totaling EUR 92,300,000 and USD 16,000,000. It aims to address climate change, boost renewable energy, improve governance, enhance human capital, support agriculture, and resolve Nagorno-Karabakh conflict-related issues. (Source: NEWS.am)
“Historic Agreement: Turkey and Israel to Cooperate in Achieving Peaceful Settlement between Azerbaijan and Armenia in the South Caucasus”
Azerbaijan and Armenia signed a historic cooperation agreement for peaceful settlement, per Recep Tayyip Erdogan. Turkey and Israel will further strive for peace and stability in the South Caucasus region.
“Lukashenko’s Visit to Azerbaijan Yields Major Agreements on Defense, Customs, and Tourism” or “Belarus President Lukashenko Strengthens Ties with Azerbaijan through Landmark Cooperation Deals”
President Aleksandr Lukashenko of Belarus makes an official visit to Azerbaijan, signing a memorandum of understanding on electronic systems for product certification. Memorandums on defense industry, customs, tourism, transport, cultural exchanges, military cooperation, trade, and consumer rights are also signed. Reported by APA.
“Iran Expands Economic and Military Cooperation with India, Eyes Long-Term Partnership”
Iran sees India as a reliable and desirable partner for long-term cooperation in business and military matters. The focus is on the development of the Chabahar port and maritime trade. The goal is to strengthen economic cooperation with India, as well as with BRICS and Shanghai Cooperation Organization countries. The agreement will enhance engagement in the international supply chain and improve economic cooperation with Afghanistan and Central Asian nations. Iran has committed to investing in military equipment and infrastructure, despite challenges posed by U.S. sanctions.
“Armenia to Welcome New World Trade Center Project: Boosting Trade and Commerce in Yerevan”
Armenia’s Minister of Economy and “Renshin” Ltd CEO signed a memorandum for a World Trade Center (WTC) project in Yerevan. The $210 million project will feature conference halls, exhibition spaces, and a commercial center, attracting visitors from various regions. “HayPost” CJSC is also involved in establishing a joint-stock company, “Yerevan International Trade Center”. The complex will replace “HayPost” building on Sarinyan Street. “Renshin” Ltd, owned by the brother of RA Ambassador to Hungary, has previously signed agreements with other organizations.
Armenian Government Partners with International Bank to Preserve Landscapes and Biodiversity
Armenian government signs agreement with IBRD of Sweden for implementation of “RESILAND. Armenia’s Landscape Shield Program” to preserve strategic area, protect biodiversity, revitalize degraded areas, and achieve climate targets.
Armenia Sets Regulations for Cryptocurrency in Historic Memorandum of Understanding, While Battling 5 Billion Dram Embezzlement Scandal
Armenia signs cryptocurrency regulation agreement in 2023. Chief Judge Anna Vardapetyan announces investigation into 8 criminal cases involving 5 billion 592 million 541 thousand drams. Extradition of 6 embezzlement suspects underway.