YEREVAN, September 8. /ARKA/. Armenia’s Minister of Economic Development and Investments Suren Karayan received today a delegation, led by Mercy Tembon, World Bank Director for the South Caucasus, Europe and Central Asia.

During the meeting, Tembon introduced to the minister Sylvie Bossoutrot, the newly appointed WB Country Manager for Armenia, who took office on September 1.

The minister expressed hope that the effective cooperation between the World Bank and his ministry will continue. He attached importance to the contribution of the World Bank to the implementation of institutional reforms in Armenia. Karayan said also that with the assistance of the World Bank the government will continue the efforts to ensure economic stability in Armenia.

Tembon, in turn, stressed that the energy and efforts of the Armenian government in the implementation of reforms are extremely positive.

The minister discussed with the WB delegation the policy of attracting investments and stimulating exports. The parties attached importance to working with the private sector and agreed to conduct more detailed negotiations on the upcoming plans. -0-