  Eurasian Development Bank to establish representation in Yerevan April 26, 2010 - 15:50 AMT PanARMENIAN.Net - The Eurasian Development Bank (EDB) representation will open in Yerevan on April 27. The opening ceremony will be attended by Armenian Prime Minister Tigran Sargsyan, representatives of the RA Central Bank and Chairman of the EDB Board Igor Finogenov. Five agreements between Armenia and the EDB will be signed on the sidelines of the upcoming ceremony, including the agreement on the bank's operation in the Republic of Armenia, allowing the EDB to complete the official accreditation procedure, the RA government’s press service told PanARMENIAN.Net The Eurasian Development Bank has started operating since June 16, 2006. It is an international organization and its activity is regulated by international law. In December 2008, the EDB Board considered Armenia's application and approved its membership in the EDB. On February 3, 2009, the Armenian parliament ratified the agreement on establishment of the EDB representation. In April 2009, Armenia paid its share in the EDB authorized capital through transferring its fee to the bank's account.   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 Armenia-Qatar ties discussed in Doha  The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar.ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event.Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province.Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. |
