ISSUES ON EXPANSION COOPERATION WITH EBRD DISCUSSED

ARMENPRESS
Dec 4, 2008

YEREVAN, DECEMBER 4, ARMENPRESS: Armenian Prime Minister Tigran
Sargsyan received today delegation of the European Bank for
Reconstruction and Development which consisted of the head of the
Yerevan office of EBRD Michael Weinstein, directors of offices of
the bank in other countries, representatives of European community.

Governmental press service told Armenpress that greeting the guest,
the prime minister expressed assurance that the visit of the EBRD
delegation will give new impetus to the further consolidation and
boosting of cooperation between the bank and Armenia.

Referring to the priorities of the cooperation with EBRD, Tigran
Sargsyan pointed out the expansion of support to small and medium-sized
enterprises, development of infrastructures, formation of free trade
zones development of capital market.

Armenian prime minister presented to the delegation the current state
of the Armenian economy, 2009 programs, negative impact of global
financial crisis on Armenia.

The members of the delegation presented their viewpoints and opinions
over the raised issues, referred to the activity of the bank in the
conditions of world financial and economic crisis.

During the meeting the interlocutors also referred to the relations of
Armenia with neighboring countries. Armenian prime minister said that
Armenia is interested in having stable and predictable neighbors and
greets Turkey’s strive to become member of EU. According to him,
reforms taking place in Turkey will make the country stable and
predictable.