"A key to the success of major infrastructure projects is cooperation between public and private capital with efficient risk distribution among investors. International financial institutions (IFIs) that have necessary practical experience and long money are important players in arranging syndicates in the market of public-private partnerships," said Dmitry Pankin, Chairman of the Management Board at Eurasian Development Bank at the fourth Global Infrastructure Initiative (GII) Summit in Singapore
In Q1 2017, stabilised raw material prices and, as result, stabilised national exchange rates in most of Eurasian Development Bank’s (EDB) countries have ensured recovery in mutual trade in the region. This finding is presented in the macroeconomic review prepared by the Chief Economist Group at EDB
It is believed that regulatory competition induces governments to lift administrative barriers. If these are not removed in a country, businesses will flow to another one. Evgeny Vinokurov, Director of Eurasian Development Bank’s Centre for Integration Studies, answers why, despite significant differences in tax burdens, businesses do not move to countries with better tax rates
Experts estimate that the continentality of landlocked countries has significant impact on their economic development, including a 30% decrease in trade and a 1.5% decline in economic growth compared to littoral countries. Regional economic integration may be one of key solutions to this challenge. Dmitry Pankin, Chairman of the Management Board at EDB, stated this at the United Nations’ Economic and Social Council (ECOSOC) Forum on Financing for Development
Eurasian Development Bank (EDB) and Avtoban signed agreements envisioning the purchase by the Bank of a share in Avtodorozhnaya Stroitelnaya Korporatsiya (Road Construction Corporation; ASK). ASK is an engineering company holding concession and building Central Ring Road 3. According to the agreements, the Bank purchases 25% of ASK's charter capital from Avtoban (currently the sole owner of ASK)
Eurasian economic integration has achieved meaningful results but its initial rapid progress has ended. This is proved, in particular, by difficulties in negotiating the Customs Code and the common market in medicines and medical goods. These were the two most important topics on the integration agenda in recent months, the consensus on which was hard to reach. These findings of Eurasian Development Bank’s (EDB) Centre for Integration Studies are presented in its report Eurasian Economic Integration 2017
EDB’s Chief Economist Yaroslav Lissovolik tells about developments in Eurasian integration and potential free trade areas with countries beyond the EAEU
Eurasian Development Bank (EDB) and Belinvestbank signed an agreement to finance foreign trade transactions of Belinvestbank’s clients in the EDB member states. In accordance with the agreement, EDB will provide US $10 million for five years
In Q1 2017, multilateral development banks (MDBs) reduced finance for the CIS countries four times compared to Q4 2016 and 1.9 times compared to Q1 2016. This is the finding presented in the review titled An Overview of Investments by Multilateral Development Banks in Q1 2017 in the CIS Countries distributed by Eurasian Development Bank’s (EDB) Strategic and Industrial Research Department