EDB is eager to finance important projects in Kyrgyzstan in export-orientated sectors and the power and energy infrastructure sphere, the head of EDB has told in Bishkek about the Bank’s investment plans in Kyrgyzstan
The head of EDB has told in Bishkek about the Bank’s investment plans in Kyrgyzstan.
Almaty, 28 November 2012. «Joint initiatives in key economic sectors — the power industry, transport and agriculture — will play a key role in expanding economic and investment cooperation between Russia and Kyrgyzstan,» Igor Finogenov, Chairman of Eurasian Development Bank’s (EDB) Management Board, said today in Bishkek at the Second Russian-Kyrgyz Interregional Conference.
The head of EDB stated that some important projects in Kyrgyzstan could be financed by the Bank
Almaty, 26 November 2012. The Blueprint for Managing the Eurasian Economic Community’s (EurAsEC) Single Transport Space (STS) has been developed with assistance from Eurasian Development Bank’s (EDB) Technical Assistance Fund.
The Scientific Centre for Complex Transport Problems of the Russian Ministry of Transport was the main contractor who involved relevant national institutes from the EurAsEC member countries.
The Blueprint states that the consistent and effective implementation of integration priorities in Eurasia, in the framework of the Single Economic Space, is impossible without a single transport management system. For this reason, as Vladimir Yasinsky, Member of the EDB Management Board and Managing Director for Research, stated, the draft Blueprint is also of interest to the Eurasian Economic Commission and supranational bodies involved in the formation of the Eurasian Economic Union
Almaty, 22 November 2012. The UN General Assembly appreciated Eurasian Development Bank’s work «supporting the development and integration of the Eurasian Economic Community member states.» This is stated in the resolution on cooperation between the UN and EurAsEC adopted at the 67th session of the General Assembly in New York.
This assessment of the Bank’s positive role in the region is a result of EDB’s proactive cooperation with the UN and its participation in EurAsEC projects
Eurasian Development Bank (EDB) will provide a US $47 million loan to a Russian investor to build a hotel in Minsk. The respective agreement was signed today in the capital of Belarus by EDB and Mospromstroy-Hotel (a subsidiary of Mospromstroy), which has been set up specifically for this project in Belarus, the press service of the bank reports
Almaty, 15 November 2012. Eurasian Development Bank (EDB) will provide a US $47 million loan to a Russian investor to build a hotel in Minsk. The respective agreement was signed today in the capital of Belarus by EDB and Mospromstroy-Hotel (a subsidiary of Mospromstroy), which has been set up specifically for this project in Belarus
Consumer sector — trade and services — remain the main growth driver of almost all the CIS economies, while industrial production is showing a moderate decline amid falling oil prices in the second quarter of 2012. Analysts of the Eurasian Development Bank arrived at this conclusion in their Macro Monitor CIS report. According to the analysis, activity increased in construction and the financial sector showed stable growth rate in lending, the press service of the bank reports
In the first half of 2012, the total GDP of the CIS countries increased by 4.4% in real terms compared with 4.3% in the same period last year. Kazakhstan’s economy retained GDP growth rate at 5.6% in the second quarter of 2012.
Consumer sector — trade and services — remain the main growth driver of almost all the CIS economies, while industrial production is showing a moderate decline amid falling oil prices in the second quarter of 2012. Analysts of the Eurasian Development Bank arrived at this conclusion in their Macro Monitor CIS report. According to the analysis, activity increased in construction and the financial sector showed stable growth rate in lending
VIDEOAlmaty, 8 November 2012 — Hot off the presses: the monographs «Evraziyskaya kontinentalnaya integraciya» [Eurasian Continental Integration] (EDB, Saint Petersburg) and Eurasian Integration: Challenges of Transcontinental Regionalism (Palgrave Macmillan, London), coauthored by the Director of the Center for Integration Studies at the Eurasian Development Bank (EDB), Evgeny Vinokurov, and Professor at the Frankfurt School of Finance and Management, Member of the Centre’s Advisory Council, Alexander Libman