Armenian Prime Minister Tigran Sargsyan met with the Vice-President of the European Bank for Reconstruction and Development (EBRD) Jan Fischer.

At the meeting, the PM stressed the need for stimulation of crediting tools for medium & small businesses, characterizing healthcare, pension provision, finance and insurance as prospective sectors for Armenia-EBRD cooperation.

EBRD vice President, in turn, stressed the importance of programs for assistance to medium and small businesses and development of private sector in Armenia.

Mr. Fischer praised the efforts of Armenian government aimed at improvement of business environment expressing readiness to further assist Armenia in the issue, governmental press service reported.