The Government of the Republic of Armenia

Prime Minister Karen Karapetyan received Contour Global company executive vice president and chief operating officer Karl Shnadt. The parties discussed progress in the ongoing investment program for modernization and full operation of the Vorotan HPP compound.

The interlocutors stressed the importance of regular meetings, which provide an opportunity to exchange views on issues of mutual interest. The sides reaffirmed their commitment to fully comply with the contractual obligations assumed under the investment program.

Highlighting the program’s importance, Prime Minister Karapetyan stated in part, “All the clauses stipulated in the contract, to which we have put our signatures, should be executed.”