Summary of the EBRD Annual Meeting and Business Forum
Summary of the EBRD Annual Meeting and Business Forum

From May 14 to 16, EBRD’s annual meeting and business forum was held in Yerevan. Armenia hosted EBRD for the first time.

This event, unprecedented in the financial sector, brought together approximately 3,000 participants from 74 countries under one roof, including high-level official delegations, representatives of international and private sector organizations, business leaders, and financial experts.

During the forum, a business forum took place, which included panel discussions and various networking events. This year's panel discussions featured nearly 200 speakers, and the discussions had over 35,000 online subscribers from around the world.

The leadership of the EBRD and all international partners who took part in the forum expressed great satisfaction with the organization of the forum at such a high level.

Within the framework of the forum, an event of special importance for Armenia took place: " Armenia: Democratic state, fair society, and knowledge-based economy that generates innovation" the investment session. The session on Armenia's investment prospects was a unique opportunity to discover the country's advantages in terms of doing business and in terms of investing in the private sector and the country's strategic initiatives. It was also a good opportunity to position Armenia as a regional leader in the technology sector.

During the meeting, in particular, the investment attractiveness of the RA economy, initiatives in the field of education and high technology and strategies for creating a knowledge-based economy, as well as the role of the “The Crossroads of Peace” in the context of achieving peace and prosperity in the region were emphasized.

As part of the forum, on May 14, a signing ceremony was held for a document on the project to create a customs and logistics center in Syunik.

The program provides for the creation of a customs and logistics center in the Syunik region with financing from the EBRD. The center will increase the efficiency and transparency of customs operations, improve the quality of service provision and reduce the time it takes to provide customs clearance services as a result of the introduction of a “single window”.

On May 15, during a session of investment prospects in Armenia, a document on the construction of the Sisian-Kajaran North-South road section was signed, and on May 16, a memorandum of understanding on cooperation for 2024-2027 was signed with the French Development Agency (AFD).