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Nikol Pashinyan, European Investment Bank Vice President discussed prospects for implementing new programs

31.10.2019

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Prime Minister Nikol Pashinyan received European Investment Bank (EIB) Vice President Vazil Hudák.

The Premier stressed the importance of implementing joint investment projects through closer interaction between the Government of the Republic of Armenia and the Bank. Nikol Pashinyan emphasized that the programs implemented in cooperation with the EIB are of great importance to the business community and the citizens of Armenia, as they seek to support the private sector and improve infrastructure. The Prime Minister noted that the Government of the Republic of Armenia is interested in discussing the possibilities of implementing new projects with the EIB.

Vazil Hudák said that the cooperation with the Government of the Republic of Armenia is effective, and the EIB is willing to discuss with its Armenian partners the possibilities of implementing new multifaceted projects in different sectors of the economy.

The interlocutors addressed issues related to infrastructure development, including the implementation of new projects in energy, transport, road construction, water supply and agriculture. In this context, they referred to the ongoing and projected programs implemented in the frame of cooperation between the Municipality of Yerevan and the EIB.
 

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