Almaty, 4 December 2013. The pharmaceutical market of Belarus, Kazakhstan and Russia is one of the most dynamically and rapidly growing markets in the world. At the end of 2012 the aggregate size of the three countries’ market reached US $32.4 billion, having grown by 15.6% and 7% in 2011 and 2012 respectively. These data are provided by Eurasian Development Bank’s (EDB) newest sector report titled Development Prospects for the Pharmaceutical Market of the Single Economic Space
EDB and WB signed a cooperation agreement to support preparation and implementation of the “Irrigation Modernization and Institutional Capacity Building Project” in Armenia
Moscow, December 4, 2013. — The Eurasian Development Bank (EDB) serving as the Trustee for the Anti-Crisis Fund of the Eurasian Economic Community (ACF) and the World Bank today signed a cooperation agreement to support the preparation and implementation of the “Irrigation Modernization and Institutional Capacity Building Project” in Armenia for the amount of US$40 million to be provided by the ACF.
The agreement was signed by Laura Tuck, Europe and Central Asia (ECA) Vice-President of the World Bank, and Igor Finogenov, Chairman of the EDB Board.
Pursuant to the agreement, the EDB has committed to apply the operational policies of the World Bank in the preparation and implementation of the project. These policies include environmental and social safeguards, and procurement and financial management guidelines for WB-financed projects
The risk of a massive return of Kyrgyz labour migrants from the Russian Federation is not high. That is the opinion shared with K-News by Deputy Chairman of the EDB Management Board Sergey Shatalov
K-News is publishing the second part of the interview with Deputy Chairman of the Management Board of Eurasian Development Bank Sergey Shatalov, who has shared his views on the prospects of our Republic in the framework of the Customs Union (CU) and the ways to fight poverty
Moscow, 26 November 2013. — A group of experts of the EDB — Manager of the EurAsEC Anti-Crisis Fund — paid a visit to Bishkek late last week. In the course of the visit they held negotiations with Mr. Jantoro Saltybadiev, Prime-Minister of Kyrgyz Republic, and with the ministers of finance, energy, transport and communications
At the end of last week, Deputy Chairman of the Management Board of Eurasian Development Bank (EDB) Sergey Shatalov arrived in Bishkek. In his capacity of the coordinator of the Bank’s activity in managing the resources of the EurAsEC Anti-Crisis Fund (ACF), the Deputy Chairman of the EDB Management Board met with a number of Kyrgyzstan’s senior officials. And right after the discussions, he talked to the K-News journalist. The editors are publishing the first part of the interview, in which Sergey Shatalov speaks about the projects that Kyrgyzstan plans to implement with credit resources of the Anti-Crisis Fund
Almaty, 21 November 2013. Eurasian Development Bank (EDB) and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) signed a memorandum of cooperation today. The document was executed by Viktor Bolyasnikov, Deputy Chairman of the Management Board at EDB, and Shun-ichi Murata, Deputy Executive Secretary at ESCAP.
The signature took place at the Economic Forum and the 8th session of the Governing Council of the United Nations Special Programme for the Economies of Central Asia (SPECA) organised by ESCAP and the United Nations Economic Commission for Europe (UNECE) in cooperation with the Government of the Republic of Kazakhstan.
«The signed memorandum lays the basis for our cooperation and will contribute to the further strengthening of regional economic integration, the development of trade infrastructure, the improvement of energy efficiency, the efficient use of water resources and environmental protection and the advancement of cooperation in other areas that are of mutual interest for the benefit of the countries of this region,» said Shun-ichi Murata. «ESCAP is entering into partnership with EDB in order to promote sustainable and comprehensive development in Central Asia»
ALMATY, Nov. 22 (Xinhua) — The Eurasian Development Bank (EDB) and the UN Economic and Social Commission for Asia and the Pacific (ESCAP) on Friday signed a memorandum of understanding (MoU) in Almaty to promote regional development and integration. «The memorandum laid the foundation for our cooperation and it will further promote regional economic integration, the development of transport infrastructure, energy efficiency, water management and environmental protection, as well as the development of partnership in other areas of mutual interest,» Shun-ichi Murat, deputy executive secretary of ESCAP said after signing the document. «ESCAP has entered into a partnership with the EDB to promote sustainable and inclusive development in Central Asia», he said. The signing ceremony took place on the sidelines of an economic forum and the eighth session of the Governing Council of the UN Special Program for the Economies of Central Asia (SPECA)
Almaty, 19 November 2013. Economic integration is one of the effective responses to global challenges. It is a tool to improve sustainability and modernise economies. Igor Finogenov, Chairman of the Management Board at Eurasian Development Bank (EDB), stated this at a plenary session of the World Economic Forum’s Summit on the Global Agenda in Abu Dhabi today