EBRD board of directors delegation to visit Armenia Oct 17-21

PanARMENIAN.Net - A delegation from the European Bank for Reconstruction and Development (EBRD) Board of Directors, which represents the Bank’s shareholders, will visit Armenia from October 17 through 21.

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 Armenian President Serzh Sargsyan, Prime Minister Tigran Sargsyan; Minister of the Economy Tigran Davtyan, Chairman of the Central Bank of Armenia Arthur Javadyan 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 organizations 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, EBRD official website reported.

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