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Netherlands To Continue Assisting Armenia With Economic Reforms

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  • Netherlands To Continue Assisting Armenia With Economic Reforms

    NETHERLANDS TO CONTINUE ASSISTING ARMENIA WITH ECONOMIC REFORMS

    Noyan Tapan
    Jun 19 2006

    YEREVAN, JUNE 19, NOYAN TAPAN. The Netherlands as a country co-charing
    the IMF and WB Dutch Constituency will continue providing assistance
    to Armenia.

    Before 2005, the Netherlands provided assistance of 4.7 mln euros
    for co-financing the programs implemented in Armenia by the above
    mentioned donor organizations, while this year this assistance will
    amount to 5 mln euros. Mrs.

    Agnes Van Ardenne, MFA Minister for Development Cooperation of the
    Netherlands, stated this at the conference of the IMF/WB Constituency
    Meeting in Yerevan on June 17-18.

    According to her, the Netherlands also assist Armenia in such spheres
    as state finance management, democratization and NGO development.

    It was noted that in 2005, the Dutch Constituency member states signed
    a memorandum on mutual understanding, under which the Netherlands
    expressed a willingness to assist the Constituency's developing
    countries with attraction of direct foreign investsments. Agnes Van
    Ardenne expressed a hope that in accordance with the Dutch Business
    Program signed in 2005, Armenian and Dutch businessmen will be able
    to set up joint ventures.
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