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Armenian President Meets BSTDB President

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  • Armenian President Meets BSTDB President

    ARMENIAN PRESIDENT MEETS BSTDB PRESIDENT

    news.am
    Oct 26 2010
    Armenia

    Armenian President Serzh Sargsyan held a meeting Oct. 26 with Andrey
    Kondakov, President of the Black Sea Trade and Development Bank
    (BSTDB).

    The RA presidential press office informed NEWS.am that the Armenian
    leader pointed out Armenia has all the favorable conditions for the
    bank's activities. President Serzh Sargsyan welcomed the BSTDB's
    activities aimed at financing the real economic sector. He pointed
    out the importance of available funds.

    Mr. Kondakov informed the Armenian President of the bank's achievements
    over the recent 11 years, as well as of further development
    programs. He commended Armenia's active involvement in replenishing
    the bank's capital. It is greatly appreciated political support,
    Kondakov said. According to him, capital replenishment enables the
    bank to expand its activities and present new economic development
    projects for the member-states.

    The sides discussed the bank's larger-scale involvement in the Armenian
    economy, as well as new ideas.




    From: A. Papazian
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