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President Ilham Aliyev Receives EBRD President Thomas Mirrov

16 March 2010 20:32 (UTC +04:00)

Baku - APA. President of Azerbaijan Ilham Aliyev has today received President of the European Bank for Reconstruction and Development Thomas Mirrov and his accompanying delegation, APA reports quoting AzerTac news agency.

The Head of State said he is satisfied with the development of Azerbaijan-EBRD relationship. The Azerbaijani leader underlined Azerbaijan had implemented a number of successful projects with the EBRD. President Aliyev hailed the financing of joint projects in not only the state sector but also the private one. He pointed out Azerbaijan and EBRD forged the cooperation ahead last year despite the global economic crisis. The Head of State expressed confidence that EBRD President Mirrov`s visit would help expand cooperation even more.

Thomas Mirrov noted EBRD is committed to cooperation with Azerbaijan. He noted EBRD`s injecting funds into the Garadagh cement plant is the largest investment project in the private sector. Mirrov pointed out EBRD successfully cooperates with Azerbaijani banks.

Mirrov said EBRD is keen on continuing cooperation with Azerbaijan.