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Armenia Joins Eurasian Development Bank

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  • Armenia Joins Eurasian Development Bank

    ARMENIA JOINS EURASIAN DEVELOPMENT BANK

    ARKA
    Aug 4, 2008

    YEREVAN, August 04. /ARKA/. Armenian government has set up a task
    group to coordinate the activity for the country's membership in the
    Eurasian Development Bank.

    Armenian Minister of Energy and Natural Resources Armen Movsisyan
    said the group will arrange the process of Armenia's joining the
    Russia-Kazakhstan agreement on founding the bank, cooperation issues
    and development of mid-term programs. Armenian government also decided
    to earmark $100,000 from the reserve fund to purchase bank stocks.

    The task group is composed of seven members, including the deputy
    minister of energy and natural resources and the deputy minister
    of finances.
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