Moscow, 27 June 2013. Yesterday the Council of the EurAsEC Anti-Crisis Fund (ACF) approved the blueprints for three investment projects and Manager’s evaluation reports, on the respective preliminary applications for ACF funding. These resolutions by the ACF Council authorise the preparation of feasibility studies for the projects
Moscow, 27 June 2013. The regular session of Eurasian Development Bank’s (EDB) Council took place in Moscow yesterday. The participants were David Sarkisyan, Minister of Finance, on the part of the Republic of Armenia; Bolat Zhamishev, Minister of Finance, on the part of the Republic of Kazakhstan; Olga Lavrova, Minister of Finance, on the part of the Kyrgyz Republic; and Anton Siluanov, Minister of Finance, on the part of the Russian Federation.
The Council approved the Bank’s Strategy for
Financing projects to develop the energy, transport and municipal infrastructure in the member states;
Providing assistance to improve the economies’ energy efficiency by financing projects to reduce energy consumption by enterprises and improve resource saving indicators; and
Financing projects that promote the advancement of trade and economic ties and mutual investment in order to deepen economic integration between the member states
Council of EurAsEC Anti-Crisis fund approved concept of investment project on Financing of agricultural machinery supply to Kyrgyzstan, press service of the Eurasian Development Bank reported.
This decision will enable development of a feasibility study for the project
Almaty, 24 June 2013. Eurasian Development Bank (EDB) signed an agreement in Moscow today to increase the current loan facility for LOCKO-Bank (Russia) for the purposes of trade finance to US $20 million and extend its period for five years
Almaty, 21 June 2013. Igor Finogenov, Chairman of Eurasian Development Bank’s (EDB) Management Board, took part in The Customs Union and the CES: Status and Future Developments briefing included in the programme of the St. Petersburg International Economic Forum, which is taking place at the moment.
The participants discussed the advancement of integration in the CIS and the arrangement of quality operation of integration mechanisms
The Eurasian Development Bank (EDB) and the CIS Electric Power Council have agreed to collaborate in developing integration projects in power engineering
Almaty, 20 June 2013. Eurasian Development Bank (EDB) and the CIS Electrical Energy Council (CIS EEC) signed a memorandum of cooperation today. The document was executed by Igor Finogenov, Chairman of the EDB Management Board, and Alexander Novak, President of the CIS EEC, at the St. Petersburg International Economic Forum
St. Petersburg, 20 June 2013. — Eurasian Development Bank’s (EDB) Centre for Integration Studies, jointly with the Macroeconomic Policy Department of the Eurasian Economic Commission (EEC), has started a work cycle under the project of building a system of SES macroeconomic policy analysis and forecasting. This project is to continue close and long-term cooperation between the two international organisations in Northern and Central Eurasia
St. Petersburg, 18 June 2013. Within the next five months the World Bank (WB) and Eurasian Development Bank (EDB) will undertake a joint research titled The Transportability of Pensions in Labour Migration Processes in the EurAsEC Countries. The respective agreement was reached last week between Michal Rutkowski, WB Country Director and Resident Representative in Russia, and Evgeny Vinokurov, Director of Eurasian Development Bank’s Centre for Integration Studies