NATIONAL ASSEMBLY RATIFIES TWO INTERNATIONAL AGREEMENTS ON<br /> APRIL 10<br />


NATIONAL ASSEMBLY RATIFIES TWO INTERNATIONAL AGREEMENTS ON
APRIL 10

  • 10-04-2008 16:05:00   | Armenia  |  Economy
YEREVAN, APRIL 10, NOYAN TAPAN. The RA National Assembly on April 10 ratified two international agreements discussed on April 8: - the Convention on International Trade in Endangered Species of Wild Fauna and Flora, which was signed in Washigton on March 3, 1973, and amended in Bonn on June 22, 1979, - the credit agreement on Water Supply and Sewerage Sector Program, which was signed between the Republic of Armenia and the Asian Development Bank on December 18, 2007. Under this agreement, a credit equivalent to 45 mln USD is provided to Armenia. The credit shall be repaid in 2016-2039. It has a 1% annual interest rate during the grace period, later - a 1.5% annual interest rate, which is to be calculated with respect to the credit received from the credit account and the sums, which were not repaid in various periods.
  -   Economy