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Serzh Sargsyan Meets EIB Vice-President

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  • Serzh Sargsyan Meets EIB Vice-President

    SERZH SARGSYAN MEETS EIB VICE-PRESIDENT

    16:46, 16 Mar 2015
    Siranush Ghazanchyan

    President Serzh Sargsyan today received Wilhelm Molterer,
    Vice-President of the European Investment Bank (EIB), President's
    Press Office reported.

    The President welcomed the guest to our country and expressed the
    hope that Mr. Molterer's visit will give a new impulse to Armenia's
    cooperation with the EIB which is directed at ensuring stable economic
    growth in Armenia. Serzh Sargsyan praised the bank's mission and its
    current activity in our country, expressing satisfaction with the
    fact that the cooperation with the EIB has been marked by activeness
    and effectiveness. The Armenian President also stressed that taking
    into account the economic importance of the sectors financed by the
    bank and its current portfolio, the bank may be deemed as a strategic
    partner for our country.

    The EIB vice-president too expressed satisfaction with the cooperation
    the bank has carried out with Armenia since 2007, emphasizing that
    it could set a good example for other working partners.

    Wilhelm Molterer noted that at present, the bank is working towards
    the preparation of the next phase of collaboration with Armenia which
    will be grounded on Armenia's economic policy priorities.

    At the meeting, the interlocutors attached great importance to the
    bank's support for infrastructure development projects, agreeing
    that presently, it is the only way for Armenia to develop through
    ensuring long-term stable economic growth by means of boosting economic
    competitiveness. However, the parties agreed that it is meaningless
    to speak about competitiveness and stable economic growth in default
    of developed infrastructure.

    The RA President and the EIB vice-president also touched upon the
    prospects for promotion of cooperation between Armenia and the European
    Union and upon the upcoming steps and in that context, placed great
    weight on pushing forward the agenda for EU-funded reforms in Armenia.

    http://www.armradio.am/en/2015/03/16/serzh-sargsyan-meets-eib-vice-president/

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