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EBRD Board Directors Visit Armenia

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  • EBRD Board Directors Visit Armenia

    EBRD BOARD DIRECTORS VISIT ARMENIA

    /ARKA/
    October 18, 2011
    YEREVAN

    YEREVAN, October 18. / ARKA /. A delegation from the EBRD's Board of
    Directors, which represents the Bank's shareholders, will visit Armenia
    from October 17-21, EBRD Yerevan Office said in a statement today.

    The visit is part of a regular series of consultations that enable
    EBRD Board Directors to obtain current information on developments in
    the countries where the Bank is active. Representatives of the EBRD
    Board on this visit include: Jerome Baconin, France; Kurt Bayer,
    Austria/Israel/Cyprus/Malta/Kazakhstan/Bosnia and Herzegovina;
    Ole Blondal, Denmark/Ireland/Lithuania Gianluca Grandi, Italy; Ole
    Hovland, Norway/Finland/Latvia; Herbert Junk, Germany Jan Maas,
    Netherlands/Mongolia/FYR Macedonia;Pedro Moriyon, Spain/Mexico
    During the visit, the EBRD Board Directors will meet Serzh Sargsyan,
    President of the Republic of Armenia; Tigran Sargsyan, Prime Minister
    of the Republic of Armenia; Tigran Davtyan, Minister of the Economy
    of the Republic of Armenia; Arthur Javadyan, Chairman of the Central
    Bank of Armenia and other senior government officials.

    The EBRD delegation will also hold meetings with members of the
    business and diplomatic communities, opposition political parties,
    civil society organisations and representatives of international
    financial institutions in the country. The Directors will visit the
    capital, Yerevan, as well as the cities of Abovyan and Sevan.

    The purpose of the consultation visit is to enable the Directors
    to better understand the priorities for the local economy and the
    expected role of the EBRD in Armenia in the context of the forthcoming
    new country strategy for 2012-15.

    On Wednesday, October 19 at 17:00 Ashot Yerkat Hall at Marriott
    Armenia Hotel will host a press conference on the visit of the EBRD
    delegation. The press conference will include head of the EBRD Office
    in Yerevan Valeriu Razlog; EBRD Director for Austria, Israel, Malta,
    Kazakhstan, Bosnia and Herzegovina Kurt Beyer.

    The EBRD began operations in Armenia in 1992. To date, it has invested
    in more than 100 projects and has provided finance totalling more
    than ~@450 million.




    From: A. Papazian
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