JBIC governor ready to visit Armenia

YEREVAN, July 27. /ARKA/. Armenian President Armen Sarkissian, who is in Japan on a working visit, met with the Governor of the Japan Bank for International Cooperation (JBIC) Tadashi Maeda, the presidential press service reported.

It said the two men discussed a set of issues of cooperation between Japan and Armenia. They, in particular, touched upon attracting investments, cooperation in the fields of banking, high technologies, and real estate.  Maeda was said to express his readiness to visit Armenia to get acquainted with the possibilities of cooperation.

The government-owned Japanese Bank for International Cooperation is present in about two dozen countries around the world. One of its  main goals is to help develop economic cooperation between Japan and its international partners by stimulating foreign investment and international trade. The bank’s activities include, in particular,  infrastructure, environmental protection, energy and natural resources, as well as manufacturing. -0-

spot_img

POPULAR

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

LATEST NEWS

spot_imgspot_imgspot_img