SERZH SARGSYAN EXPRESSES HIGH OPINION ABOUT EBRD’S ACTIVITIES IN ARMENIA
Dec 4, 2008
YEREVAN, DECEMBER 4, NOYAN TAPAN. When receiving the delegation of
the European Bank for Reconstruction and Development (EBRD) Board of
Directors, the Armenian president Serzh Sargsyan expressed a high
opinion about the activities of EBRD in Armenia. According to him,
the cooperation began immediately after Armenia’s gaining independence,
and the EBRD has also played a great role in the achievements reached
by the country since then.
Out of Armenia’ scurrent tasks, S. Sargsyan pointed out two: consistent
work to develop the economy and the measures to confront the global
financial and economic crisis.
The representatives of EBRD assessed the cooperation with Armenia as
efficient. Despite this difficult period, they expect the Armenian
economy to continue its development way.
The members of the EBRD Board of Directors said that they recently
made a decision to increase the involvement in those countries where
In their words, the Armenia-related business plans are quite ambitious,
and in this respect the strategic approaches of the EBRD and the
Armenian government coincide.