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Armenia Likely To Join Eurasian Development Bank

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  • Armenia Likely To Join Eurasian Development Bank

    ARMENIA LIKELY TO JOIN EURASIAN DEVELOPMENT BANK

    Noyan Tapan
    Nov 04 2006

    YEREVAN, NOVEMBER 4, NOYAN TAPAN. It is likely that Armenia will join
    the Eurasian Development Bank (EDP), Chairman of the Central Bank of
    Armenia (CBA) Tigran Sargsian stated this on November 3. According to
    him, the issue of joining the EDP will be discussed by the Armenian
    government. "We received an official letter of the EDP Chairman, the
    Armenian government will discuss this issue and make a decision,"
    he said. The Eurasian Development Bank was founded by Kazakhstan
    and Russia in early 2006. Its authorized capital makes 1.5 billion
    US dollars.
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