Armenian president’s visit to Germany to help enhance bilateral financial cooperation

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17.03.2010, 02:01

Armenian president Serzh Sargsyan’s planned visit to Germany will help both countries to enhance their financial cooperation.

YEREVAN, March 16, /ARKA/. Armenian president Serzh Sargsyan’s planned visit to Germany will help both countries to enhance their financial cooperation, Germany’s ambassador to Armenia, Hans-Johan Schmidt, said today after signing an agreement on financial cooperation between the two countries for 2009-2010, whereby Germany has committed to provide Armenia with EURO 105.5 million aid.

According to Armenian foreign affairs ministry, the details of president Sargsyan’s visit to Germany were discussed on Monday by Armenian foreign minister Edward Nalbandian and his German counterpart Guido Westerwalle in Berlin.

“As ambassador I am very glad that Edward Nalbandian discussed yesterday political issues in Berlin. Armenian economy minister is also in Berlin to discus promotion of technical assistance projects,’ he said. -0-

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