Armenia will soon ratify the Treaty establishing the EEC Anti-Crisis Fund, the minister of finance of Armenia Tigran Davtyan said in Yerevan, answering the question of PanARMENIAN.Net.
According Mr. Davtyan, “projects have been already prepared, the best four are ready to submit to the fund in the future,” he said. He said that the ratification process and the drafting work are implemented concurrently. Developed projects are related to energy, mining, metallurgy, transport and are intended for major joint actors, not small and medium businesses.
Treaty establishing the EEC Anti-Crisis Fund was signed at the meeting of the EurAsEC Interstate Council in June in Moscow. The fund will reach USD 10 billion. Russia will contribute about USD 7,5 billion, Kazakhstan – USD $ 1 billion, Kyrgyzstan, Tajikistan, Armenia – USD 1 million each, Belarus will make a USD 10 million contribution.
