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EU to allot $162m to Azerbaijan

16 December 2010 11:17 (UTC+04:00)
EU to allot $162m to Azerbaijan

BAKU – The European Union will allocate assistance worth 130 million manats ($162 million) to Azerbaijan in 2011, the state-run AzerTAj news agency quoted head of the EU delegation to the country as saying.

Roland Kobia said the amount will be spent to support socio-economic development, strengthen institutional capacities of the Foreign Ministry and the Azerbaijan Diplomatic Academy.

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