  IFC, EDB sign agreement on cooperation March 15, 2011 - 11:08 AMT PanARMENIAN.Net - The International Financial Corporation (IFC) and the Eurasian Development Bank (EDB) signed a base agreement on cooperation, which will facilitate EDB’s participation in co-financing of IFC investment projects in developing markets, according to the EDB website. “Global and regional financial institutions should work jointly to achieve striking results. This agreement will allow us to correctly attract financial flows,” said Snezana Stoiljkovic, IFC Director for Eastern Europe and Central Asia. “This agreement is a new stride in cooperation with this IFC. It’s will transmit an impulse to our joint efforts for development of key economy sectors,” commented Igor Finogenov, EDB board chairman.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
