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EIB is Armenia’s key partner in major infrastructure projects and economic reforms, says Deputy Prime Minister

YEREVAN, July 2. /ARKA/. The European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.

At a meeting on Wednesday with an EIB delegation led by Mateo Rivellini, Head of EIB Public Sector Lending for the Eastern Partnership, Grigoryan expressed his gratitude to Maciej Chure, Head of the EIB’s Regional Office for the South Caucasus, for his work and effective cooperation who is completing his mission in this position, according to the press service of the government.

The parties emphasized the importance of the investment programs implemented by the EIB in Armenia and discussed their current status.

After the meeting, the annual discussion of programs between the Armenian government and the EIB took place, attended by the EU ambassador, representatives of relevant ministries, government agencies, and foundations.

About EIB in Armenia

The EIB has been cooperating with Armenia since 2010 in accordance with the European Neighbourhood Policy’s Eastern Partnership programme and other bilateral agreements with the EU.

Over the past decade, the Bank has financed a number of projects ranging from infrastructure and small businesses to water supply and wastewater treatment services. The EIB also finances the construction of cross-border communications to improve road safety and sustainability.-0-

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