The Vice-President of the European Investment Bank and the Minister of Finance of Armenia signed a loan agreement on March 16. The latter supposes providing 10 million Euros to build a converter station for Armenia-Georgia transmission line and high-voltage direct current.
Three documents were signed in the government on the development of the energy sector. One of the documents implies the accession of Armenia to the Eastern Europe Energy Efficiency and Environment Partnership Fund. The other one is a memorandum of mutual understanding.
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