OREANDA-NEWS. March 17, 2010. President Ilham Aliyev received a delegation led by President of European Bank for Reconstruction and Development, Tomas Mirow.

The President announced that he is satisfied with the development of relations between Azerbaijan and EBRD. President Ilham Aliyev also stressed a number of successful projects implemented with this organization. Noting that the cooperation continued despite the world economic crisis of 2009, President Ilham Aliyev appreciated financing of joint projects of state and private sector. The President voiced confidence that the visit of ERBD’s President Tomas Mirow to Azerbaijan will boost cooperation in future.

Thomas Mirow underlined that EBRD is committed to cooperation with Azerbaijan. Noting that EBRD`s investment into the Garadagh cement plant of 2009 was one of the largest investment projects in the private sector, Tomas Mirow also pointed out to EBRD’s successful cooperation with Azerbaijani banks. He mentioned that EBRD was keen on continuing cooperation in energy sector of the country.