ADA GENERAL DIRECTOR HIGHLY ESTIMATES PARTICIPATION OF ARMENIA’S DELEGATION IN ANNUAL EBRD MEETING IN KAZAN
Arka News Agency, Armenia
May 21 2007
YEREVAN, May 21. /ARKA/. General Director of the Armenian Development
Agency (ADA) Vahagn Movsisyan highly estimated the participation of the
Armenian delegation in the annual EBRD meeting held in Kazan on May 20.
The ADA press service reported that Movsisyan introduced the investment
field in Armenia, priority spheres of developing economy, tempos of
economic growth, prerequisites and potential for enlarging cooperation
with the EBRD.
After the presentation of the economic situation in Armenia, the
Armenian brandy-tasting took place.
Besides, the representatives of the Armenian banking system signed
corresponding memorandum on mutual understanding.
Head of EBRD Yerevan Office Michael Weinstein said that he is satisfied
with the EBRD activities and success in Armenia and expressed hope
that in 2007 the European Bank for Reconstruction and Development
will enlarge the frames of cooperation and volumes of programs in
the country.
"Within the frames of the event useful exchange of experience, business
and economic information with the representatives of the other CIS
states took place, which will contribute to the strengthening of the
cooperation," the statement said.
The Armenian delegation included General Director of the Armenian
Development Agency Vahagn Movsisyan and representatives of the
country’s financial and banking sphere.