Time in Yerevan: 11:07:36,   4 December

Armenia has exclusive opportunity to develop at high pace – KfW regional director

Armenia has exclusive opportunity to develop at high pace – KfW regional director

YEREVAN, MARCH 19, ARMENPRESS. Prime Minister of Armenia Nikol Pashinyan received a delegation led by Olaf Zimelka, Regional Director of German Development Bank (KfW), ARMENPRESS was informed from the Office of the Prime Minister of Armenia.

Highlighting the need for continued development of cooperation between Armenia and Germany, Nikol Pashinyan noted that the bilateral relations have been upgraded recently. The Premier stressed that several top-level visits had been reciprocated over the past few months, which will add momentum to the Armenian-German friendly relations. According to Nikol Pashinyan, the ongoing cooperation between the Government of Armenia and KfW holds a key place in these relations. Noting the importance of joint projects, the Prime Minister considered it necessary to discuss and implement new programs of strategic importance for Armenia with the German Development Bank.

The German side assured of their country’s willingness to back the Armenian government on the path of reforms. Olaf Zimelka pointed out that Armenia is in a beneficial position in the regional context, and our country has an exceptional opportunity to develop at a higher pace. The KfW Regional Director reflected on the ongoing joint projects, and welcomed the fact that the Government of the Republic of Armenia is specifically making a point of environmental issues. He expressed confidence that the joint programs will drastically improve the situation in this area.

Then the interlocutors touched upon a number of issues related to joint projects in agriculture, construction, energy, water reservoirs, infrastructure and implementation of new programs.




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