TODAY.AZ / Business

German bank to allocate ?2,5 million for a national park project

27 March 2006 [17:32] - TODAY.AZ
KFW, a German bank will allocate 2,550,000 euros for South Caucasus for the project in the establishment of a National Park Samur-Yalama, under the program on protection of eco-regional nature.

The Azerbaijani President has sent a document to the Azerbaijani parliament with appeal to adopt an agreement on financing.

An agreement on financing will be implemented in compliance with an agreement to be signed between the governments of Azerbaijan and Germany. There already exits an agreement between the Ministry of Finances and relevant bodies of Germany.

The Ministry of Finances and KFW on the base of a document to be signed separately with consideration of a financial assistance will define a need on the financed programs, goods and services, Trend reports.

URL: http://www.today.az/news/business/24487.html

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