The European Bank for Reconstruction and Development’s vice president noted that the bank’s annual meeting, which will be held in Armenia, will help Armenia..
“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,” said Vice President Jurgen Rigterink.
The conference will provide a platform to discuss global issues concerning the bank, as well as improving business relationships. It is also expected to boost Armenia’s economy, as well as strengthen international ties.Thousands of participants and hundreds of representatives of companies typically attend the event. According to its website, the bank itself exists “to further progress towards market-oriented economies and the promotion of private and entrepreneurial initiative.” Since its founding in 1991, it has funded €2 billion in 206 projects.
The meeting is scheduled for May of 2024.
Don’t just follow the news—understand it.
The IntelliNews PRO service includes access to reports, exclusive market data, and more news that decision-makers care about. Stay ahead of the market with IntelliNews PRO.
Sign Up NowRelated Articles
Iran industry minister says central bank should not interfere in trade policy
Iran's industry minister has said the central bank should be stripped of its role in trade policy, blaming foreign exchange interventions for constraining exporters and creating challenges for ... more
Eurasian Development Bank redeems €286mn Eurobond
The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity. The bank paid a total of €286mn, covering both ... more
IndiGo cancels Central Asian flights until late February over Iran tensions
Indian budget carrier IndiGo has cancelled all flights to and from Tbilisi, Almaty, Baku and Tashkent until February 28 due to the developing situation around Iran, the airline announced on February ... more