The Council of the EFSD has held its 28th meeting. It was attended by members of the EFSD Council — Ministers of Finance of the EFSD member states — and chaired by Anton Siluanov, Minister of Finance of the Russian Federation. The range of the meeting participants also included experts, as well as representatives of EDB
EDB’s Department for Strategic and Sector Research has prepared a review titled Power Generation in EDB Countries. The Bank’s experts emphasise some tendencies in the power generation sectors of its member states
According to the Centre for Integration Studies of EDB and the International Institute for Applied Systems Analysis (IIASA, Austria), it is essential to step up efforts to normalise and develop relations between the European Union and the Eurasian Economic Union with the aim to reach a comprehensive integration agreement in the long run. This conclusion is presented in their report “European Union and Eurasian Economic Union: Long-Term Dialogue and Perspectives of Agreement”
Eurasian Development Bank (EDB) published its financial statements prepared in accordance with the International Financial Reporting Standards (IFRS) for the first six months of 2016. EDB had a record high net profit of US $40.7 million in the period, compared to previous similar periods, over the entire period of its operations
EDB provided an 18-month advance payment guarantee for a total of RUB 4.999 billion to Sakhalin GRES 2 at the request of Mosenergo. The project envisions the construction of one of four facilities under RusHydro's investment programme for the construction of new power facilities in the Far East in accordance with the Decree of the President of Russia on the development of the region's power sector