Georgia, Tbilisi, Jul.30, / Trend N. Kirtzkhalia /
The International Finance Cooperation (IFC) is branching out to Georgia and Armenia, IFC Vice-President Jyrki Koskelo said at the opening ceremony of the IFC office in Tbilisi.
The IFC, a member of the World Bank Group, considers Georgia and Armenia as its long-term strategic partners and intends to expand its activities through cooperation with the governments and private sector of these countries, Koskelo said.
The Corporation intends to continue its advisory programs to reduce impact of the global economic crisis, to improve the investment sphere and apply corporate management, Koskela said.
The new office in Tbilisi, will cover Armenia along with Georgia, Koskela added.
Despite the global financial crisis, the corporation decided to expand its regional representations. "The new office in Tbilisi will enable us to be closer to customers in Georgia and Armenia, to maximum use resources and strengthen cooperation in the region," Koskela added.
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