TODAY.AZ / Business

Korea to finance postal system improvement in Azerbaijan

19 December 2007 [18:54] - TODAY.AZ
Korea has allocated a grant of $50,000 to finance a part of a project to be implemented in the framework of the Fund of postal system improvement in Azerbaijan.

According to the press service of the Ministry of Communication and Informational Technologies of Azerbaijan, the decision to allocate the grant was adopted following talks between the management of the Korean Postal Service and the Azerbaijani Ministry of Communications and Informational Technologies.

An initial agreement on the issue was reached in the framework of business talks between Azerbaijan and Korea during a meeting of the Administrative Council of the Universal Postal Union held in Swiss Bern from October 29 until November 9 of 2007.

It should be reminded that the said project is financed by Azerbaijan, Korea and the Universal Postal Union.

/Day.Az/



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