Armenian Premier Discuss Further Cooperation With WB Representatives

ARMENIAN PREMIER DISCUSS FURTHER COOPERATION WITH WB REPRESENTATIVES

ARKA
March 25, 2009

YEREVAN, March 25. /ARKA/. Armenian Premier Tigran Sargsyan received
World Bank (WB) Executive Director Rudolf Jan Treffers representing
Armenia in Dutch group, the government press service reported.

The sides discussed the further development prospects under global
financial and economic crisis.

The Premier expressed gratitude to Treffers for his productive work in
representing Armenia in the WB and voiced hope that the WB-implemented
programs on development of small and medium business and settlement
of social problems will continue helping overcome the world crisis
effects, the press service reported.

Sargsyan pointed out that the crisis creates new opportunities for
more intense reformation, consolidation of internal capacities and
establishment of competitive fields.

Armenia has certain potential in technologies, agriculture, chemical
and mining industries that can be developed through assistance of
the WB.

Since 1992, the World Bank extended loans for a total of $1.162bln
to Armenia.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS