The delegation of the Eurasian Development Bank (EDB) headed by the Deputy Chairman of Board Sergey Shatalov visited Yerevan to discuss issues of the operation of EurAsEC Anti-Crisis Fund (ACF).

During the meeting with Minister of Transport and Communication of Armenia Gagik Beglaryan, the schedule of elaboration of "Construction of "North-South" Road Corridor, Phase 4" project was agreed upon to be submitted to the session of the Board of ACF for final approval (tentatively in June 2014). The project at the amount of USD100mln is worked out in cooperation with the Asian Development Bank.
 
The EDB delegation also met with representatives of World Bank and IMF. The meetings focused on issues of joint elaboration and implementation of projects as well as Donor Conference on Armenia which the EDB is going to take an active part in. Prospects of interaction between WB and EDB on the ACF "Modernization of Irrigation Systems and Development of Institutional Capacities, Phase 3" project at the total amount of USD50mln were also discussed.