After US and Germany, France is the country providing the most assistance to Armenia: Ambassador

After US and Germany, France is the country providing the most assistance to Armenia, Jean-Francois Charpentier, Ambassador Extraordinary and Plenipotentiary of France to Armenia, said at the press conference with reporters on Tuesday.

“2016 was quite a busy year in terms of bilateral relations, as well as economic and other sectors development. A number of meetings were held. We achieved progress from economic perspective. An agreement was signed with the company on ensuring water supply through Armenia’s entire territory. The French Development Agency provided 75 million Euro for the construction of Vedi water reservoir. 40 million budget loan was provided to Armenia. Significant developments were made also in the education sector: a network of former graduates has been created in the Armenian-French university which aims to maintain constant contact between the current and former students,” the Ambassador said.

He said based on the assistance provided by France in 2016, it can be stated that France’s assistance to Armenia has increased by 5 times. The Ambassador informed that there are important programs which will be discussed, and also meetings which will be held within the frames of the Armenian President Serzh Sargsyan’s upcoming visit to France on March 8. One of them is the meeting with major entrepreneurs, enterprise association representatives.