Prime Minister Returns From London With Positive Impressions

YEREVAN (Noyan Tapan)–On January 14–Armenian Prime Minister Aram Sargsyan returned from London where he participated in an annual meeting of the European Bank for Reconstruction and Development.

Talking to journalists–the prime minister said that the meeting participants discussed issues of the EBRD President’s visit to Armenia–the All-Armenian forum to be held in London this autumn–as well as problems of the 5th unit of the Hrazdan thermal power plant–Zvartnots airport–Armenian Airlines and cargo terminal. The issue of creating free economic zones in Armenia was also discussed.

The prime minister said that the meeting did not discuss the issue EBRD’s purchase of some of the shares of the AmenTel company or its granting credits to the company.

In regards to the 5th unit of the Hrazdan power plant–the prime minister said that the credits provided for by the EBRD have mostly been granted. Currently–the matter concerns $6 million–the allocation of which depends on the future of the Hrazdan plant. In case of privatization–the funds will be invested by the new owner. Sargsyan pointed out that the EBRD intends to participate in the privatization.

The prime minister said that issues of granting news credits were not discussed at the meeting–because the previous credits have not yet been completely received. In general–Sargsyan returned from London with positive impressions and is convinced that the long-term and fruitful cooperation with the EBRD will extend to new spheres as well.

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