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Kocharian receives member of German KfW Bank council

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  • Kocharian receives member of German KfW Bank council

    ARMENIAN PRESIDENT RECEIVES MEMBER OF GERMAN KfW BANK COUNCIL

    ArmenPress
    June 9 2004

    YEREVAN, JUNE 9, ARMENPRESS: The president of Armenia Robert Kocharian
    received today the delegation of Kredietenschaft fur Wiederaufbau
    (KfW) bank, headed by member of KfW council Ingrid Matheus Mayer,
    which arrived in Armenia within a regional visit.

    The presidential press office reported that Robert Kocharian stated
    with satisfaction that the program carried out in cooperation with KfW
    are the most successful ones from the point of their effectiveness. He
    particularly outlined the cooperation in the sphere of energy and
    banking system.

    According to Mrs. Mayer, the cooperation in various spheres is on
    the excellent level. She said that KfW pays serious attention to the
    development of small and medium business. In this regard she outlined
    the importance of the German-Armenian fund's activity. She said the
    cooperation in the spheres of energy will be continued. In her words,
    there is a certain interest towards the water system.
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