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Senior EBRD Delegation Visits Armenia

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  • Senior EBRD Delegation Visits Armenia

    SENIOR EBRD DELEGATION VISITS ARMENIA

    Tendersinfo News
    November 4, 2011 Friday 6:30 AM EST

    A high-level delegation from the European Bank for Reconstruction
    and Development is in Armenia this week for consultations with the
    country s leadership and key members of civil society on the Bank s
    new three-year Country Strategy for Armenia.

    Led by Jan Fischer, Vice-President, Operational Policies and Paul-Henri
    Forestier, Director, Caucasus, Moldova and Belarus, the EBRD team
    will meet the President of the Republic of Armenia, Serzh Sargsian;
    Prime Minister Tigran Sargsian; the Minister of Economy and EBRD
    Governor Tigran Davtyan; and other cabinet members.

    The delegation will also hold discussions with representatives of
    various political parties, leading figures from the business world,
    staff of non-governmental organisations and think-tanks, as well
    as members of the diplomatic community and representatives of other
    international financial institutions.

    The new country strategy for Armenia is expected to be approved in
    early 2012 for a three-year period (2012-15).

    The EBRD delegation will take stock of the current state of the
    economic, political and social development of Armenia, discuss the
    country s mid-term reform priorities and assess how the EBRD can
    assist Armenia in its transition to a market-based economy.

    Among the areas for discussion will be support for small and
    medium-sized businesses in Armenia in the upcoming strategy period,
    especially in the agricultural and high value-added sectors. The
    development of the financial sector will remain a priority for the
    EBRD, as well as reforms in the municipal sector and addressing
    energy efficiency.

    The EBRD began operations in Armenia in 1992. To date it has invested
    over 450 million in more than 100 projects.

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