July 18, 2012 - 17:46 AMT
President welcomes Asian Development Bank’s activity in Armenia

Armenian President Serzh Sargsyan met with Asian Development Bank (ADB) delegation led by the vice-chairman Xiaoyu Zhao.

President Sargsyan welcomed the bank’s activity in Armenia as well as the whole Asian region. The President expressed hope for the delegation’s visit to strengthen ties with Armenia, thus promoting its stable economic development.

The vice-chair, in turn, expressed commitment to the bank’s activity in Armenia. As the bank’s official further noted, negotiations are in progress with Armenia’s government to attract international investors for construction of North-South road corridor, presidential press service reported.