Announcement

Collapse
No announcement yet.

Armenian Government Ready To Cooperate With Eurasian Development Ban

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian Government Ready To Cooperate With Eurasian Development Ban

    ARMENIAN GOVERNMENT READY TO COOPERATE WITH EURASIAN DEVELOPMENT BANK

    ARKA News Agency, Armenia
    July 24 2007

    YEREVAN, July 24. /ARKA/. Armenian Prime Minister Serge Sargsyan has
    expressed willingness to cooperate with Eurasian Development Bank.

    The premier said Tuesday as met with Igor Finogenov, chairman of
    the bank board, in Yerevan that Armenia has certain experience of
    cooperating with large banks and is ready to develop its cooperation
    with Eurasian Development Bank, as Novosti-Armenia News Agency reports,
    referring to the information received from Armenian government's
    press office.

    He welcomed Eurasian Development Bank's intention to implement mutually
    beneficial and forward-looking programs in Armenia.

    Finogenov presented the results of the bank's investment programs in
    CIS member countries to Sargsyan.

    He said that the bank intends to promote economic development,
    social problems solution, banking system improvement and up-to-date
    infrastructures creation in CIS countries.

    Finogenov asked the Armenian PM to point out the country economy's
    top-priority sectors for cooperation.

    The premier singled out transport and energy sectors as well as mining
    industry and agriculture as the most promising areas for cooperation.

    He also stressed the importance of cooperation between state and
    private sectors.

    He supported a proposal to set up a joint group for detailed discussion
    of cooperation prospects. The group is proposed to consist of Armenian
    ministries' and Eurasian Development Bank's representatives.

    Eurasian Development bank is an international financial organization
    established in January 2006 by Russia and Kazakhstan for promoting
    market economy development in member countries and making trade and
    economic ties closer.

    The bank's authorized capital amounts to $ 1.5bln.
Working...
X