YEREVAN, JULY 24, NOYAN TAPAN. RA Prime Minister Serge Sargsian, at the July 24 meeting with Igor Finogenov, the Board Chairman of the Eurasian Development Bank, welcomed the bank's willingness to implement mutually beneficial and long-term programs in Armenia. He said that Armenia has some experience of cooperation with big banks, and the RA government is ready to develop cooperation also with the Eurasian Development Bank. As Noyan Tapan was informed by the RA government Information and Public Relations Department, I. Finogenov presented the Prime Minister with the goal of the fully fledged Eurasian Development Bank implementing investment programs in a number of CIS countries and the results of its activity of nearly one year. Emphasizing that the bank's goal is to promote economic development of CIS member-countries and also solution of social problems as a result of this, strengthening of the national banking system and creation of modern infrastructures in transport, energy and a number of other spheres, the Chairman of bank's Board asked the Prime Minister about Armenia's economic priorities and perspective spheres, which can become a basis for cooperation. Besides transport, energy spheres, S. Sargsian mentioned mining industry, agriculture, assistance to development of state-private sector cooperation. He agreed to the proposal to form a joint working group consisting of representatives of interested ministries, departments, and the bank. The working group is supposed to discuss these and other possibilities of cooperation in a more detailed way and to present practical proposals.

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