Regional news
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Armenia joins Eurasian Development Bank
ARKA, 04.08.2008
Armenian government has set up a task group to coordinate the activity for the country’s membership in the Eurasian Development Bank. Armenian minister of Energy and Natural Resources Armen Movsisyan said the group will arrange Armenia’s joining the Russia-Kazakhstan agreement on founding the bank, cooperation issues and development of mid-term programs.
Armenian government also decided to earmark $100,000 from the reserve fund to purchase bank stocks. The task group is composed of seven members, including the deputy minister of energy and natural resources and the deputy minister of finances.
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