Updates
Press releases
04
12, 2008
President Serzh Sargsyan received the delegation of the Board of Governors of the European Bank for Reconstruction and Development
Today, President Serzh Sargsyan received the delegation of the Board of Governors of the European Bank for Reconstruction and Development.
The President of Armenia highly praised the activities of the EBRD in our country, noting that the cooperation has started right after Armenia’s independence and that in the success registered during the last years the EBRD has undoubtedly had its share.
Among the problems facing Armenia today, President Sargsyan highlighted two main issues: consistent work toward economic development and withstanding the global financial and economic crises, mitigating to the utmost their consequences. In this context the President of Armenia mentioned the necessity of engaging more resources, improving the work of the governing bodies. He also noted that the Government envisages the implementation of the short-term as well as the long-term programs.
Assessing the cooperation with Armenia as efficient, the representatives of the EBRD said that there are new possibilities for expanding that cooperation which is a strategic objective of the Bank. Notwithstanding difficult times they anticipate that the Armenian economy will continue to grow.
The delegation of the Board of Governors also informed that recently the decision has been made to raise the level of the Bank’s engagement in the countries where they have already maintained presence. According to them, the business programs related to Armenia are rather ambitious and with this regard the approaches of the Armenian Government and the Bank concur.
The President of Armenia also expressed wish that the Bank gets more deeply involved and more actively participate in the different areas of the Armenian economy, noting that it is not only about the financial resources, even though it is an important factor: according to Serzh Sargsyan the Bank brings along a new culture of administration which is essential.
The President of Armenia highly praised the activities of the EBRD in our country, noting that the cooperation has started right after Armenia’s independence and that in the success registered during the last years the EBRD has undoubtedly had its share.
Among the problems facing Armenia today, President Sargsyan highlighted two main issues: consistent work toward economic development and withstanding the global financial and economic crises, mitigating to the utmost their consequences. In this context the President of Armenia mentioned the necessity of engaging more resources, improving the work of the governing bodies. He also noted that the Government envisages the implementation of the short-term as well as the long-term programs.
Assessing the cooperation with Armenia as efficient, the representatives of the EBRD said that there are new possibilities for expanding that cooperation which is a strategic objective of the Bank. Notwithstanding difficult times they anticipate that the Armenian economy will continue to grow.
The delegation of the Board of Governors also informed that recently the decision has been made to raise the level of the Bank’s engagement in the countries where they have already maintained presence. According to them, the business programs related to Armenia are rather ambitious and with this regard the approaches of the Armenian Government and the Bank concur.
The President of Armenia also expressed wish that the Bank gets more deeply involved and more actively participate in the different areas of the Armenian economy, noting that it is not only about the financial resources, even though it is an important factor: according to Serzh Sargsyan the Bank brings along a new culture of administration which is essential.