Political support
Serzh Sargsyan received today President of the Black Sea Trade and Development Bank Andrey Kondakov.
Serzh Sargsyan welcomed the Bank's efforts aimed at funding the real sector of economy and attached importance to the accessibility of means provided by the bank.
Andrey Kondakov presented the bank's achievements in the past 11 years and the plans for further development.
Kondakov highly appreciated Armenia's active participation in the addition of the bank's capital as one of the bank's shareholders and considered that participation as political support which is highly appreciated.
According to the chairman of the bank, the increase of capital will provide the bank with the opportunity to expand its activities and come up with new projects promoting economic development for member countries.
The parties also discussed projects and new ideas for expanding the bank's inclusion in Armenia's economy.
