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ADB seeks to achieve sustainable future for South Caucasus - Masatsugu Asakawa

Economy Materials 3 May 2024 15:48 (UTC +04:00)
ADB seeks to achieve sustainable future for South Caucasus - Masatsugu Asakawa
Laman Zeynalova
Laman Zeynalova
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TBILISI, Georgia, May 3. Asian Development Bank (ADB) seeks to achieve a sustainable future for the South Caucasus, ADB President Masatsugu Asakawa said on the sidelines of the 57th annual meeting of the bank in Tbilisi, Trend reports.

"ADB is actively monitoring the situation in Georgia, recognizing that political stability is fundamental to prosperity, with civil societies playing a crucial role. ADB has forged partnerships with diverse civil society organizations, recognizing their significance in enhancing governance. Our commitment remains steadfast in realizing a sustainable future for the region," 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.

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