St. Petersburg, 23 May 2014. A development bank can play three functions in an infrastructure project: a source of “long money,” a consortium leader, and a source of technical expertise to ensure high quality of the project. Igor Finogenov, Chairman of the Management Board at Eurasian Development Bank (EDB), stated this today at the panel session Public—Private Partnerships: The Imperative to Execute at the St. Petersburg International Economic Forum
St. Petersburg, 23 May 2014. The economic advantages of housing development include its multiplicative effect on a dozen other sectors. Igor Finogenov, Chairman of the Management Board at Eurasian Development Bank (EDB), stated this today at the business breakfast Investing in Russia’s Urban Development Future hosted by the St. Petersburg International Economic Forum
Astana, 23 May 2014. Eurasian integration and “practical Eurasianism” make another big step forward with the signature of the agreement on the Eurasian Economic Union. Dmitry Krasilnikov, Deputy Chairman of the Management Board at Eurasian Development Bank (EDB), stated this at the panel session 20th Anniversary of Eurasian Economic Integration of the Astana Economic Forum
St. Petersburg, 23 May 2014. The bringing together of markets, resources and assets can help restore manufacturing industries, which are a locomotive of the CIS economies. Igor Finogenov, Chairman of the Management Board at Eurasian Development Bank (EDB), stated this today at the business roundtable The CIS: Modern Reality and the Challenges of Sustained Development hosted by the St. Petersburg International Economic Forum
St. Petersburg, 22 May 2014. Eurasian Development Bank (EDB) and the Institute of Economics of the Russian Academy of Sciences signed a memorandum of cooperation. The document was signed by Igor Finogenov, Chairman of the Management Board at EDB, and Ruslan Grinberg, Director of the Institute of Economics.
The parties agreed to cooperate in the area of macroeconomic, regional and sector research, socioeconomic forecasting for the EurAsEC and CIS countries, and support to integration processes.
EDB and the Institute of Economics will undertake joint research projects to introduce high technologies, in particular in processing sectors, and further cooperation between complementary industries in the region
Almaty, 20 May 2014. Eurasian Development Bank (EDB) published the monograph titled Modern Water Management in the CIS Countries. Its authors, Vladimir Yasinsky, Alexander Mironenkov and Tulegen Sarsembekov, state that water resources form the basis of all social, economic and environmental activities and are the only means to solve the most important global challenges, including food, energy, public health, socioeconomic, and environmental issues. In this connection the improvement of water management, its comprehensive use and protection, and the strengthening of cooperation in trans-boundary river basins are of special importance
Minsk, 16 May 2014. Eurasian Development Bank (EDB) and the Belarusian Railway signed today a memorandum of cooperation in Minsk. The document was signed by Gennady Zhuzhlev, Deputy Chairman of the Management Board at EDB, and Vladimir Morozov, Head of the Belarusian Railway.
In accordance with the memorandum, the main areas of cooperation between EDB and the Belarusian Railway will be the advancement and upgrade of railroad infrastructure in Belarus, the modernisation and upgrade of rolling stock, and the enhancement of mutual trade in railway services between the EDB member states
Minsk, 16 May 2014. Eurasian Development Bank (EDB) and BELAZ — The Management Company of BELAZ HOLDING (BELAZ) signed today a US $75 million loan facility agreement for three years. The document was signed by Gennady Zhuzhlev, Deputy Chairman of the Management Board at EDB, and Andrei Doronin, Deputy General Director of BELAZ
Belarus’ actual inflation rate in 2014 may be twice as high as the government-set target if the National Bank of Belarus makes no changes to its current monetary policy, warns a report released by the Eurasian Development Bank (EDB)