Funds will be provided for the restoration and completion of Kaps reservoir on river Akhuryan, bordering with Turkey. Another 2 million euros will be allocated as a grant for technical support. The volume of irrigation water reservoir will amount to 25 million cubic meters, it will help the management of the waters of the upper stream of the Akhuryan river.
Funds will be provided for 15 years with a grace period of five years, the rate will be fixed on the day of signing the contract.
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