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ЕБРР plans to invest in Azerbaijan agrarian sphere

Business Materials 27 January 2006 19:33 (UTC +04:00)

The European Bank for Reconstruction and Development (EBRD) intends to invest in the agrarian sphere of Azerbaijan, the head of the EBRD Baku office Reymond Conway said on 27 January 2006 during the meeting with the Minister of Agriculture Ismet Abbasov, Trend reports.

The Minister informed the EBRD official at the meeting of the priority spheres of the countrys agricultural development. Conway displayed eagerness to invest in private enterprises in processing industry, marketing, production of freezing chambers for storing the agricultural products and etc.

Conway asked for assistance from the Ministry of Agriculture in coordinating the matter, particularly, arrangement of meetings in the countrys regions.

Besides, as the Ministry told Trend, there were no projects in agrarian sphere jointly with EBRD so far.

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