YEREVAN. – Minister of Economy of Armenia Karen Chshmarityan on Monday received an Asian Development Bank (ADB) delegation, led by Klaus Gerhaeusser, Director General, Central and West Asia Department (CWRD) of ADB.

Chshmarityan highly appreciated the cooperation with ADB and stressed the importance of jointly implemented projects, as they are directed to the development of infrastructures, support for small and medium-sized entrepreneurship, creation of new workplaces and cooperation of public and private sectors, and they are in line with the economic policy priorities of Armenia.

Gerhaeusser, for his part, referred to ADB Country Partnership Strategy 2014-2018, the implementation of the ADB-supported projects, and the infrastructure development projects. 

During the meeting, the sides discussed issues with respect to the North-South road corridor, sustainable urban development and women entrepreneurship development programs, the investment forum to be held in 2015 in cooperation with ADB, and several other ADB projects’-related issues of mutual interest.