// IP Marketing video - START// IP Marketing video - END

Armenia, Philippines step up economic cooperation

Armenia, Philippines step up economic cooperation

PanARMENIAN.Net - On August 16, Armenian government approved the proposal to sign an agreement with the Philippine government.

As RA Deputy Minister of Economy noted, Armenia and Philippines will step up economic, scientific and technical cooperation.

“This framework agreement will promote bilateral economic relations,” Ara Petrosyan said.

 Top stories
The financing will be directed to energy efficiency, renewable energy, agribusiness, food processing, education and healthcare projects.
Gazprom supplies gas to Armenia through Georgia, but the transit agreement expires at the end of 2016, and Gazprom is keen to reduce the fee.
A proposal made at a Cabinet session suggested that the watchdog apply differentiated rates for natural gas and electricity.
The M6 highway is a vital link connecting Armenia with Georgia and beyond, providing the shortest link between the respective capitals.
Partner news