Hosting EBRD Annual Meeting will significantly contribute to strengthening of Armenia’s  role in  region – First Vice President

YEREVAN, September 27. /ARKA/. For a country like Armenia, which also wants to strengthen its regional dimension, hosting the EBRD Annual Meeting can make a significant contribution towards this goal, First Vice-President of the European Bank for Reconstruction and Development (EBRD) Jurgen Rigterink said in an exclusive interview with ARKA news agency. 

He said the EBRD Annual Meeting is a well-established international event, which is unique in bringing together business and government representatives from investor and investee countries. The Annual Meeting is traditionally attended by about 2000 participants [including/and] around 900 business representatives from around the world.

‘Taking advantage of the high level international visitors, the EBRD Annual Meeting provides a unique opportunity for the host country to present itself to an audience of top governmental representatives, potential investors, civil society and the international media,’ he said.

He added that the conference offers the perfect stage for discussion of global issues, promotion, networking and expanding business contacts between participants, both local and international.

It also provides a boost to the local economy and supports the establishment and nourishment of regional and international ties. It is an opportunity for the host country to establish itself even more firmly on the international scene and draw the attention of the international community.

The 33rd Annual Meeting of the European Bank for Reconstruction and Development (EBRD) will be held in Yerevan on May 14-16, 2024.

EBRD is one of the leading institutional investors in Armenia. Since its inception, it has invested around €2 billion in 206 projects, supporting private sector development, as well as energy, infrastructure, telecommunications and the financial sectors. -0-

spot_img

POPULAR

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

Central Bank Chairman Doesn’t Rule Out Hike in Loan Rates in Armenia

Central Bank of Armenia Chairman Martin Galstyan didn't rule out an increase in loan interest rates in the country if the monetary policy tightening cycle continues.

Risk premium on Armenian Eurobonds has decreased to approximately 170 bps – Central Bank Governor

The risk premium on Armenian Eurobonds has decreased to approximately 170 bps, Central Bank Governor Martin Galstyan stated yesterday at a press conference, responding to a question from ARKA news agency.

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.

Unibank Becomes Title Sponsor of Alashkert Football Club

Unibank and a four-time champion of Armenia "Alashkert" Football Club, have expanded their partnership, with the Bank becoming the club’s title sponsor.

LATEST NEWS

spot_imgspot_imgspot_img