Armenia, Georgia building Friendship Bridge on borderMay 1, 2018 - 12:28 AMT PanARMENIAN.Net - Georgia and Armenia are one step closer to building a new bridge named Friendship Bridge which is set to facilitate regional trade and passenger flow, Agenda.ge reports. Located 60 kilometres south of Georgia’s capital Tbilisi, the bridge at the Sadakhlo-Bagratashen checkpoint is the main crossing between Georgia and Armenia. The European Bank for Reconstruction and Development (EBRD) has provided a sovereign loan of up to €6 million to Georgia in order to co-finance the construction of the cross-border bridge connecting the two countries. One part of the bridge will be constructed on Georgia’s territory, while the other part on Armenia’s territory. Accordingly, 50 percent of the credit will be paid by Armenia and 50 percent by Georgia. Georgia and Armenia announced the construction of the Friendship Bridge in November 2016 as a symbol of friendship between the two neighbouring nations. The bridge will pass over Debed River and ease traffic between the two countries. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |