EBRD President to visit Azerbaijan, Georgia and Armenia

Published in Economics
Monday, 12 September 2022 10:16

The President of the European Bank for Reconstruction and Development (EBRD), Odile Renault-Basso, will tour the Caucasus next week, from 12 to 16 September, to meet senior government officials and business clients and partners. She will first visit Azerbaijan, then Georgia, before finishing in Armenia.

This is her first in-person visit to the region since assuming office in late 2020.

Prior to her departure, the EBRD President held virtual meetings with a diverse group of Azerbaijani, Georgian and Armenian civil society representatives.

In Baku, in addition to important meetings, the EBRD President will sign the agreement for the Bank’s second Green City project in Azerbaijan and launch a joint project with AzPromo, the national investment promotion agency, aimed at stimulating the telecommunications, media and technology sector in the country.

In Tbilisi, Odile Renault-Basso will hold different meetings and sign loan agreements with long-standing partners in the financial and healthcare sectors.

The EBRD President will conclude her trip in Yerevan, where she will meet Armenia’s political leadership and the EBRD’s partners. Renaud-Basso will also visit the Centre for Creative Technologies (TUMO), where she will meet leaders of Armenia’s hi-tech sector, and attend celebrations for the 15th anniversary of the EBRD-supported Investment Council of Armenia.

I am very much looking forward to visiting the Caucasus, where the Bank has achieved some remarkable results during its 30 years of operation. Despite its size, the region remains an important investment destination for us, one where we have already invested more than €10 billion,” said Renaud-Basso prior to her visit.

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Press release

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