August 17
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YEREVAN. – The People’s Republic of China will provide an additional $16-million grant to Armenia.

The respective agreement was reached Tuesday during the talk between Armenia’s Prime Minister Tigran Sargsyan—who is in China on a working visit—and Li Keqiang, Premier of the State Council of the People’s Republic of China, in Dalian city. 

The Chinese premier thanked Sargsyan for attending the World Economic Forum in Dalian, informs the Armenian government press service.   

In turn Armenia’s PM reflected on bilateral relations.

“The development of relations with China is a priority for us. I would like to thank China for its balanced position on the Nagorno-Karabakh issue. I am also happy that our relations are deepening,” Tigran Sargsyan stated, in particular.  

“I know that you and the Armenian people give great emphasis to Chinese culture. In this regard, we stand ready to increase the number of your students at the institutions of higher education of China, and to expand the activities of the Confucius Center [in Armenia].

“We are prepared to guide our citizens toward visiting Armenia. Activities will be carried out toward increasing Chinese investments in Armenia. We are also ready to import a variety of products from Armenia to the Chinese market.

“We have made a decision to provide an additional 100-million-yuan [approx. $16 million] free financial aid to the Government of Armenia, to carry out joint projects.    

“China’s position on the Nagorno-Karabakh issue is that the parties should be able to reach a solution with restraint and talks, and peace should be established in the region,” specifically noted the Chinese premier.

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