ECONOMIC COMPETITION COMMITTEE TO COOPERATE WITH WORLD BANK
Panorama.am
21:21 18/09/2007
Today the president of the state commission on economic competition,
Ashot Shahnazaryan, received Aristomene Varudakis, head of the World
Bank office in Armenia, and Fernando Montes-Negretin, director of
financial development in Europe and Central Asia, as well as Karen
Grigoryan, economist for the Armenian office of the World Bank. Armine
Udumyan, press secretary for the commission, gave this information.
The first meeting took place in July.
The commission president expressed his thanks for the acceptance of
the offer to cooperate and for displaying consistency. "Cooperation
with the Word Bank is an important step, and can be beneficial in
institutional development," he said. Shahnazaryan pointed out that
assistance from the World Bank is expected to advance the state
of the legislative field (maintain the status of the mechanisms of
independence, forcing the carrying-out of decisions, etc.) and the
shaping of capabilities and general competence.
Montes-Negretin was interested in knowing what steps had been taken
until now concerning the mentioned points and what sort of results had
been registered, what the current state of the commission’s activities
were concerning juridical issues, consumer rights, etc.
Director of the World Bank office in Armenia, A. Varudakis, said that
programs that are expected to be implemented will be discussed by the
commission, as well as the amount of future cooperation and future
steps to be taken to carry out the program.