March 27, 2010 - 14:31 AMT
UNIDO to provide the $2.2 million to boost investments in EurAsEC countries
Director-General of the United Nations Industrial Development Organization (UNIDO) Kandeh Yumkella and Residential Ambassador of the Russian Federation to the IAEA and other Vienna-based IOs Alexander Zmeyevskiy signed on March 23 a three year program aimed at creation of UNIDO Investment and Technology Promotion Offices (ITPO) Network in the EurAsEC (Eurasian Economic Community) member countries and Armenia amounting to USD 2.2 million, press office of the Foreign Affairs Ministry told PanARMENIAN.Net. 

According to the report, the signing ceremony was attended by permanent representatives of EurAsEC countries and Armenia, UNIDO employees. 

The program is aimed to create enabling environments for investments in EurAsEC countries and Armenia, in particular for the industrial sector. 

United Nations Industrial Development Organization (UNIDO) is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability.