In the sidelines of the Munich Security Conference, Prime Minister Nikol Pashinyan had a meeting with Odile Renaud-Basso, President of the European Bank for Reconstruction and Development.

The Prime Minister noted that the EBRD programs are of great importance for the reforms initiated by the Armenian government in terms of improving the business environment, promoting the competitiveness of the private sector, developing capital markets, urban lighting and other directions. The Head of the Executive expressed hope that in the future the volume of investments carried out by the EBRD will increase and will involve the most diverse sectors of the economy. Nikol Pashinyan attached importance to the EBRD programs in the direction of small and medium businesses in our country and added that the goal of the Armenian government is to give new momentum to the development and activation of the business sector.

Odile Renaud-Basso emphasized that the EBRD is ready to continue and expand its assistance to the Armenian government in the programs planned in various fields.

Prime Minister Pashinyan also had a meeting with Michael Harms, Executive Director of the German Committee on Eastern European Economic Relations in Berlin. Issues related to bilateral economic cooperation and expansion of business ties were discussed.