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BAKU: ADB President To Arrive In Azerbaijan On Nov. 19

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  • BAKU: ADB President To Arrive In Azerbaijan On Nov. 19

    ADB PRESIDENT TO ARRIVE IN AZERBAIJAN ON NOV. 19

    Azeri Press Agency
    Nov 13 2008
    Azerbaijan

    Baku. Nijat Mustafayev - APA-ECONOMICS. The President of the Asian
    Development Bank, Mr. Haruhiko Kuroda, will arrive in Azerbaijan on
    November 19.

    The ADB Office in Baku said Mr. Kuroda will be attending the seventh
    Ministerial Conference on Central Asia Regional Economic Cooperation
    (CAREC) in Baku.

    He is due to meet with Azerbaijani President Ilham Aliyev, Minister of
    Economic Development Shahin Mustafayev and other government officials.

    CAREC is an allegiance of eight countries - Afghanistan, Azerbaijan,
    People's Republic of China, Kazakhstan, Kyrgyz Republic, Mongolia,
    Tajikistan and Uzbekistan - with the common goal of promoting economic
    cooperation and development in Central Asia.

    Several important regional strategies involving trade, energy and
    transportation will be discussed at the CAREC Ministerial Conference.

    Two loans agreements - one for the Power Transmission Enhancement
    Project and another on additional loan for the Ganja Bypass Route are
    due to be signed between ADB and the Government of Azerbaijan during
    Mr. Kuroda's visit.

    Mr. Kuroda will travel to Azerbaijan from Armenia and Georgia. In
    Armenia, he will also be inaugurating ADB's new office in Yerevan.
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