Friday, February 7 2020 16:58
Alexandr Avanesov

EBRD and EU to provide 21.1 million euros to Armenia for  modernization and expansion of Meghri checkpoint on the  Armenian-Iranian border

EBRD and EU to provide 21.1 million euros to Armenia for  modernization and expansion of Meghri checkpoint on the  Armenian-Iranian border

ArmInfo. The European Bank for Reconstruction and Development (EBRD) and the European Union will provide 21146263 euros to Armenia for the modernization and expansion of the Meghri checkpoint on the Armenian-Iranian border. As the press  service of the Ministry of Finance of the Republic of Armenia  reports, head of the Ministry of Finance Atom Janjughazyan and Head  of EBRD Armenia Office Dimitri Gvindadze have signed the document on  February 7.

 According to the source, more than half of the total  amount - 10 520 000 euros and 700 000 euros will be provided in the  form of a grant by the European Union as part of the European  Neighborhood Policy.

Earlier, Dmitry Maryasin, Permanent Representative of the United  Nations Development Program in Armenia, said that with the financing  of the European Union and the European Bank for Reconstruction and  Development (EBRD), it is planned to modernize the border post in  Meghri. The UNDP Permanent Representative in Armenia recalled that  the road from the Meghri border checkpoint takes 5-6 hours.   Therefore, it is necessary to invest in the development of physical  infrastructure, in particular, in improving the clearance of goods  and in filling out customs declarations, he noted. Then it will take  much less time already for trucks transporting goods from Iran or  transit through the territory of Armenia, since having completed a  customs declaration once, there will be no need to fill it out again.  "There will be a unified system of electronic declaration, which will  save as much time as, for example, it would be possible to save  thanks to a better road or a more efficient border crossing. It is  also important that a single window system is introduced, which will  also reduce level of corruption risks, "the UNDP representative  emphasized.

ArmInfo reported that with the financial support of the EU and the  European Investment Bank, within the framework of the United Nations  Development Program (UNDP), three checkpoints on the state border of  Armenia were modernized: Bagratashen, Bavra and Gogavan. The total  budget for modernization of these three checkpoints amounted to 54.43  million euros. According to the information of the EU delegation in  Armenia, within the framework of the program, the Armenian government  received a loan from the EU in the amount of 30.8 million euros,  grants for 17.2 million euros. Co-financing of the Armenian  government amounted to 4.44 million euros. UNDP financial investments  amounted to 1.9 million euros.