ARMENIAN GOVERNMENT READY TO COOPERATE WITH EURASIAN DEVELOPMENT BANK
ARKA News Agency, Armenia
July 24 2007
YEREVAN, July 24. /ARKA/. Armenian Prime Minister Serge Sargsyan has
expressed willingness to cooperate with Eurasian Development Bank.
The premier said Tuesday as met with Igor Finogenov, chairman of
the bank board, in Yerevan that Armenia has certain experience of
cooperating with large banks and is ready to develop its cooperation
with Eurasian Development Bank, as Novosti-Armenia News Agency reports,
referring to the information received from Armenian government’s
press office.
He welcomed Eurasian Development Bank’s intention to implement mutually
beneficial and forward-looking programs in Armenia.
Finogenov presented the results of the bank’s investment programs in
CIS member countries to Sargsyan.
He said that the bank intends to promote economic development,
social problems solution, banking system improvement and up-to-date
infrastructures creation in CIS countries.
Finogenov asked the Armenian PM to point out the country economy’s
top-priority sectors for cooperation.
The premier singled out transport and energy sectors as well as mining
industry and agriculture as the most promising areas for cooperation.
He also stressed the importance of cooperation between state and
private sectors.
He supported a proposal to set up a joint group for detailed discussion
of cooperation prospects. The group is proposed to consist of Armenian
ministries’ and Eurasian Development Bank’s representatives.
Eurasian Development bank is an international financial organization
established in January 2006 by Russia and Kazakhstan for promoting
market economy development in member countries and making trade and
economic ties closer.
The bank’s authorized capital amounts to $ 1.5bln.