EBRD President Thomas Mirow visits Israel 20-23 March, 2011

By Anthony Williams

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Thomas Mirow, President of the European Bank for Reconstruction and Development (EBRD), will visit Israel from 20 to 23 March, 2011, for discussions with senior Israeli politicians and business executives.

His political discussions include meetings with President Shimon Peres, Finance Minister Yuval Steinitz, Minister of Foreign Affaiirs, Avigdor Lieberman and Central Bank Governor Stanley Fischer, who represents Israel on the EBRD’s Board of Governors.

Israel was a founding shareholder of the EBRD www.ebrd.com when it was set up in 1991 to help to promote democracy and economic transformation in central Europe and the former Soviet Union after the collapse of central planning. It works primarily to support the sustainable development of market economies and the private sector.

During his meetings, President Mirow will discuss the investment potential for Israeli enterprises in the EBRD region.

Current events in North Africa and their possible impact on EBRD’s future mandate will also be on the agenda.

Subject to agreement by the EBRD’s shareholders, including Israel, the EBRD could envisage investments in Egypt aimed primarily at creating new businesses and to provide employment and so help contribute to the political, economic and social stability of the country.

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