Prime Minister Karen Karapetyan received the delegation led by Regional Director of the Renovation Credit bank (KfW), Olaf Zimelka, followed by signing of cooperation agreements.

The partnership agreement was signed between the Republic of Armenia and the Renovation Credit Bank on the Grant Agreement for the Agricultural Insurance Scheme Support Program (€ 5.3 million) and the Loan Agreement for the 2nd Phase of the Integrated Water Resources Management / Akhuryan River I Program (18.5 million euros).

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