TendersInfo
July 17, 2009 Friday
President Serzh Sargsyan received the Director General of the OPEC
International Development Fund, Suleiman Jazir Al-Herbish
Today, President Serzh Sargsyan received the Director General of the
OPEC International Development Fund, Suleiman Jazir Al-Herbish and his
delegation. Present at the meeting was also Henning Pedersen, Armenia
country program Manager of the International Fund for Agricultural
Development (IFAD).
The International Fund for Development has been assisting Armenia
since 2004. Until now, it has implemented two 15 million USD worth
loan programs directed mainly at the restoration of Armenia s
industrial infrastructure. Another agreement for 14 million USD was
signed last December and is aimed at fostering Armenia s rural
development through loans and investment.
Taking into consideration significant input of the OPEC International
Development Fund s and its Director General s personal contribution to
the strengthening of economic cooperation with Armenia, particularly
for the development of rural areas, on July 13 President Serzh
Sargsyan signed a decree to award Suleiman Jazir Al-Herbish with the
Anania Shirakatsi medal.
Presenting the award, the President of Armenia expressed satisfaction
with the programs implemented by the Fund in Armenia and noted that
serious work has been done for the rural development and reduction of
poverty. President Sargsyan highly praised the Fund s five- and IFAD s
ten- year activities in our country, which contributed significantly
to the development of Armenia s rural areas and infrastructure
development. The President said that along with the financial
resources provided by the Fund, Armenia also benefited from its
expertise and business culture which is obtained through joint
work. He also expressed hope that despite the difficulties caused by
the ongoing global financial crisis, the cooperation would go on.
Suleiman Jazir Al-Herbish expressed gratitude for the award, assessing
it as a result and evaluation as well as the symbol of the Fund s and
its strategic partner IFAD s cooperation with Armenia. Ltd.
From: Emil Lazarian | Ararat NewsPress