// IP Marketing video - START// IP Marketing video - END
  At focus
EU, World Bank will invest €700 in Armenia

EU, World Bank will invest €700 in Armenia

14:40 AMT  10:40 GMT
The European Union and the World Bank will allocate €700 million to Armenia. In a bid to boost connectivity and economic growth in the Eastern Partnership (EaP) countries, the European Commission and the World Bank have co-authored a Trans-European Transport Network (TEN-T) Investment Action Plan that identifies priority projects in Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. Together, the projects will require an estimated investment of almost €13 billion and foresee a total of 4800 kilometres of road and rail, six ports, and 11 logistics centres. According to RFE/RL Armenian Service, the majority of the projects set to be implemented in Armenia are connected with the North-South Road Corridor. A document published by the EU on Wednesday, January 16 reveals that €450 will be spent on the construction of a road section connecting the Armenian towns of Artashat and Agarak (346km in total). Furthermore, €15 million will be allotted to the modernization of Meghri border checkpoint in the country’s south.
Researchers grow viable human blood vessels
Researchers grow viable human blood vessels Researchers have developed a way to grow stable, viable human blood vessels from stem cells in the lab.
Alexander Lapshin will spend two months in Armenia
Alexander Lapshin will spend two months in Armenia "Landed in Yerevan. Settled in a luxury apartment in the center. Almost 2 months ahead in Armenia and a lot of plans," he said.
Motorola Razr phone reportedly making a comeback
Motorola Razr phone reportedly making a comeback Lenovo Group Inc. is partnering with Verizon on a deal to begin selling the new devices in the U.S. as soon as February.
HRW: Human rights challenges for Armenia's new leadership
HRW: Human rights challenges for Armenia's new leadership Armenia’s new government has inherited a country plagued with corruption and myriad human rights problems, HRW said.
Sanctions relief removes obstacle to U.S.-Armenia aluminum trade
Sanctions relief removes obstacle to U.S.-Armenia aluminum trade The mill employs 700 in Yerevan, supports thousands of area families, and exports products to U.S. and other markets.