ArmInfo. The reaction of foreign partners, international financial institutions and trade organizations, to the framework peace agreement between Armenia and Azerbaijan signed in Washington on August 8 is positive, as stated by Chairman of the Central Bank of the Republic of Armenia Martin Galstyan in parliament on September 9, while addressing questions from deputies.
Then came a clarifying question - were there any expectations that the signing of this document would lead to a decrease in country risk premium of Armenia and an increase in investor confidence in the country, and was Fitch's positive assessment a few days later a proof of this. What future effects should be expected?
Galstyan responded: "I think that with the final signing of the peace treaty, Armenia's risk premium may decrease and investment inflows will increase. But for now, some uncertainty in terms of development prospects remains, and this is not the reason for Fitch's rating revision, but the positive assessment of the August Washington meeting." In the context of a positive signal from partners, he also reported that on September 10, he is leaving for Vienna (Austria), where the Raiffeisen Bank International corporation will hold Armenia Days for the first time. The event was planned even before the initialing of the agreements, but positive signals on its threshold have increased.
