ROBERT KOCHARIAN RECEIVES VICE PRESIDENT OF WORLD BANK

Economic News
December 20, 2007 Thursday

Yerevan . OREANDA-NEWS . On December 14, 2007 President Robert
Kocharian received the Vice President of the World Bank for Europe
and Central Asia region Shigeo Katsu, reported the Official website
.

Robert Kocharian said that to date the cooperation with the World
Bank has been yielding excellent results, and Armenia is interested
in continuing the cooperation.

Shigeo Katsu noted that in the recent years Armenia has been one
the best performing partners of the World Bank. He also said that
in the cooperation between the WB and Armenia for the coming years
the critical projects would be related to the second and third tier
reforms as well as institutional reformation.

President of Armenia said that parallel to the second tier reforms
Armenia would be attaching great importance to the social and
educational areas, reduction of uneven development of the capital
and regions, and expansion of the area of intellectual services.

Two sides spoke also about the opportunities for Armenia to preserve
her competitiveness in the future and noted that it would very much
depend on the consistent and efficient implementation of the reforms.

From: Emil Lazarian | Ararat NewsPress