ARMENIAN PRIME MINISTER MET THE CHAIRMAN OF THE BOARD OF THE EURASIAN DEVELOPMENT BANK

Mediamax , Armenia
July 24 2007

Yerevan, July 24 /Mediamax/. Prime Minister of Armenia Serzh Sarkisian
met the Chairman of the Board of the Eurasian Development Bank (EDB)
Igor Finogenov in Yerevan today.

As Mediamax was told in the press service of the government today,
Igor Finogenov presented to the Prime Minister of Armenia the goals
of EDB and the results of the yearly activity of the bank. He noted
that the EDB plans to promote the economic growth of CIS stated, the
solution of social tasks, strengthening of national banking systems
and the establishment of modern infrastructures in the spheres of
transport and energy.

Serzh Sarkisian presented the priority directions of the development
of the Armenian economy, which may become basis for cooperation.

Besides the transport and energy, the Head of the Armenian government
singled out the mining industry, agriculture, the assistance to the
development of cooperation between the state and the private sector.

Serzh Sarkisian gave his consent to the formation of a joint working
group of the Ministries and Departments of Armenia and the EDB for
the detailed consideration of opportunities for cooperation and the
preparation of concrete proposals.

The Eurasian Development Bank was established in January of 2006 by
Russia and Kazakhstan.
From: Baghdasarian