Asian Development Bank President Heading For Armenia

ASIAN DEVELOPMENT BANK PRESIDENT HEADING FOR ARMENIA

ARKA
Nov 17, 2008

YEREVAN, November 17. /ARKA/. Asian Development Bank President
Haruhiko Kuroda is to visit Armenia on November 18 as part of his
four-day regional tour, the press office Armenian Economy Ministry.

Kuroda will meet Armenian President Serzh Sargsyan, Prime Minister
Tigran Sargsyan and Armenian Apostolic Church leader Catholicos
Garegin the Second.

He will sign an agreement on providing an additional loan to Armenia
for financing construction of rural roads and improvement of transport
area management.

Kuroda will also attend the ceremony of Asian Development Bank’s
office in Yerevan.

The president of Asian Development Bank will also travel to Georgia
and Azerbaijan after Armenia.

Asian Development Bank was established in 1966. Its members are
67 countries.

Armenia joined the bank on September 20, 2005. Armenia has some
agreements and a memorandum on mutual understanding with the
bank.