ArmInfo. Prospects for expanding investment cooperation in the green economy, energy, and infrastructure development in Armenia with the participation of the EU were discussed at a meeting in Yerevan between Deputy Minister of Finance of Armenia Edgar Mkrtchyan, Deputy Head of Mission of the Italian Embassy in Armenia Andrea Peduto, and Head of Western Balkans and Eastern Neighborhood at the Italian Development Bank Cassa Depositi e Prestiti (CDP), Lucia Bonelli.
According to the press service of the Ministry of Finance of Armenia, as part of the diversification of Armenia's financial cooperation and deepening ties with new partners and structures operating in the European Union, special attention was paid to expanding further cooperation with leading European financial institutions, including Italian development organizations.
In this context, prospects for expanding investment cooperation in the green economy, energy, and infrastructure development in the Republic of Armenia with the participation of the latter were discussed. In particular, the possibility of obtaining financing on preferential terms from the Italian Development Bank and the Italian Climate Fund using blended finance instruments was discussed.
The possibility of Italian participation in subsequent stages of the three-year joint budget support program of the French Development Agency and the Asian Development Bank was mentioned.
