TBILISI, Georgia, May 3. Political stability stands vital for the South Caucasus, Asian Development Bank (ADB) President Masatsugu Asakawa said during a briefing, Trend reports.
"Political stability and security are very important for peace, development, and prosperity everywhere, including Azerbaijan and Armenia. My hope is that world leaders will continue working together to promote peace and stability. ADB has helped to foster friendship among countries, including the South Caucasus. We are committed to continuing this," he said.
The theme of the 57th annual meeting, scheduled for May 2 to 5, is "Bridge to the Future".
The first session of the Board of Governors will take place on May 4. The opening will mark the official start of the annual meeting. This event is attended by distinguished guests from the host country. Statements will be made by ADB President Masatsugu Asakawa and the Minister of Finance of Georgia, Chairman of the ADB Board of Governors, Lasha Khutsishvili.
The annual meeting provides ADB governors with the opportunity to discuss development issues and challenges facing the Asia-Pacific region. Several thousand participants regularly attend the meeting, including finance ministers, central bank governors, high-ranking government officials, representatives of the private sector, international organizations, civil society organizations, youth, academia, and the media.