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EBRD delegation to visit Armenia next week

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  • EBRD delegation to visit Armenia next week

    EBRD delegation to visit Armenia next week

    armradio.am
    28.11.2008 17:01

    Representatives of the shareholders of the European Bank for
    Reconstruction and Development are arriving in Tbilisi on Monday for a
    five-day visit to Georgia and Armenia, EBRD Press Service reports.

    During their visits, the EBRD Board Directors will meet with government
    representatives, members of the diplomatic and business communities and
    representatives of civil society. They will also have the opportunity
    to visit EBRD projects in both countries.

    Representatives of the Board in the delegation will be Alain de
    Cointet, representing France; Carole Garnier, representing the European
    Community; Ib Katznelson, representing Denmark, Ireland, Lithuania, and
    FYR Macedonia; David Martinez Hornillos, representing Spain and Mexico;
    Kalin Mitrev, representing Bulgaria, Poland and Albania; Hans
    Sprokkreeff, representing the Netherlands and Mongolia; Joao Cravinho,
    representing Portugal and Greece; and Igor Podoliev, representing
    Ukraine, Romania, Moldova, Georgia and Armenia. During their visit, the
    Board Directors will be accompanied by Michael Davey, EBRD Director for
    the Caucasus and Belarus.

    In Georgia, the Board Directors will meet government representatives
    headed by Finance Minister Nika Gilauri, who is also the EBRD Governor
    for his country. In Armenia, where the EBRD delegation will start its
    mission on Thursday, meetings have been scheduled with President Serzh
    Sargsyan, Prime Minister Tigran Sargsyan and Minister of Finance and
    EBRD Governor Tigran Davtyan.

    The EBRD has significantly increased its activities in Georgia and
    Armenia in recent years and invested more than $400 million in Georgia
    and almost ??¬200 million in Armenia in all sectors of the economy. Both
    countries are part of the Early Transition Countries Initiative,
    launched in April 2004, which is using a streamlined approach to
    financing to mobilise investment and encourage economic reform.
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