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AGRIâ€™s feasibility study to be elaborated in a year

15 February 2011 08:15 (UTC +04:00)

This issue has been reflected in the protocol signed on the project by Azerbaijani Industry and Energy Minister Natig Aliyev, Georgian Energy Minister Alexander Khetaguri, Romanian Ministry of Economy, Commerce and Business Environment Ion Ariton and Hungarian National Development Minister Tamash Fellegi, in Bucharest.

The document is designed to support the involving of financial means to the companies participating in the project for elaboration of feasibility study. Note that, 50% of expenses for feasibility study will be granted by USA. Azerbaijan, Georgia, Hungary and Romania have come to agreement on advancing of this project.

Remind that, Azerbaijan, Georgia, Hungary and Romania have signed Baku Declaration on AGRI project, on September 14, 2010.