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Sargsyan received the Director General of the OPEC Int Dev Fund

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  • Sargsyan received the Director General of the OPEC Int Dev Fund

    TendersInfo
    July 17, 2009 Friday

    President Serzh Sargsyan received the Director General of the OPEC
    International Development Fund, Suleiman Jazir Al-Herbish



    Today, President Serzh Sargsyan received the Director General of the
    OPEC International Development Fund, Suleiman Jazir Al-Herbish and his
    delegation. Present at the meeting was also Henning Pedersen, Armenia
    country program Manager of the International Fund for Agricultural
    Development (IFAD).


    The International Fund for Development has been assisting Armenia
    since 2004. Until now, it has implemented two 15 million USD worth
    loan programs directed mainly at the restoration of Armenia s
    industrial infrastructure. Another agreement for 14 million USD was
    signed last December and is aimed at fostering Armenia s rural
    development through loans and investment.
    Taking into consideration significant input of the OPEC International
    Development Fund s and its Director General s personal contribution to
    the strengthening of economic cooperation with Armenia, particularly
    for the development of rural areas, on July 13 President Serzh
    Sargsyan signed a decree to award Suleiman Jazir Al-Herbish with the
    Anania Shirakatsi medal.

    Presenting the award, the President of Armenia expressed satisfaction
    with the programs implemented by the Fund in Armenia and noted that
    serious work has been done for the rural development and reduction of
    poverty. President Sargsyan highly praised the Fund s five- and IFAD s
    ten- year activities in our country, which contributed significantly
    to the development of Armenia s rural areas and infrastructure
    development. The President said that along with the financial
    resources provided by the Fund, Armenia also benefited from its
    expertise and business culture which is obtained through joint
    work. He also expressed hope that despite the difficulties caused by
    the ongoing global financial crisis, the cooperation would go on.

    Suleiman Jazir Al-Herbish expressed gratitude for the award, assessing
    it as a result and evaluation as well as the symbol of the Fund s and
    its strategic partner IFAD s cooperation with Armenia. Ltd.

    From: Emil Lazarian | Ararat NewsPress
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