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The President of the RA Received the Vice-President of the European Investment Bank

Today, on March 16, the President of Armenia Serzh Sargsyan received Wilhelm Molterer, Vice-President of the European Investment Bank (EIB). As the press service of the President informs, Serzh Sargsyan praised the bank’s mission and its current activity in our country, expressing satisfaction with the fact that the cooperation with the EIB has been marked by activeness and effectiveness. The Armenian President also stressed that taking into account the economic importance of the sectors financed by the bank and its current portfolio, the bank may be deemed as a strategic partner for our country.

In his turn the EIB vice-president too expressed satisfaction with the cooperation the bank has carried out with Armenia since 2007. Wilhelm Molterer noted that at present, the bank is working towards the preparation of the next phase of collaboration with Armenia which will be grounded on Armenia’s economic policy priorities.

The RA President and the EIB vice-president touched upon the prospects for promotion of cooperation between Armenia and the European Union and upon the upcoming steps and in that context, placed great weight on pushing forward the agenda for EU-funded reforms in Armenia.


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