Armenia’s cooperation with BSTDB will continue expanding, Serzh Sargsyan believesOctober 26, 2010 - 16:25 AMT PanARMENIAN.Net - Armenian President Serzh Sargsyan received President of the Black Sea Trade and Development Bank (BSTDB) Andrey Kondakov. Congratulating the BSTDB President on his appointment, Serzh Sargsyan said he believes that Armenia’s cooperation with the bank will continue expanding. The Armenian leader noted that there are all possibilities for the bank’s active operation in Armenia. Besides, Mr. Sargsyan hailed the bank’s activity on financing economy's real sector, attaching importance to the availability of provided funds, the RA presidential press service reported. Andrey Kondakov briefed the Armenian President on the bank’s achievements during its 11-year activity and programs of further development. He estimated highly Armenia’s activity, as a shareholder of the bank, participation in the BSTDB capital, labeling them as political assistance of special importance. Kondakov noted that increase in the bank capital will allow expanding the BSTDB activities and offering new projects, which will facilitate the country’s economic development. The parties also discussed programs and new ideas on expanding the bank’s participation in Armenia’s economy. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |