ArmInfo. Eurasian Development Bank wishes to expand its activities in Armenia and is ready to discuss the opportunities for implementing new projects, Chairman of the Management Board of the Eurasian Development Bank Andrey Belyaninov stated at the meeting with Prime Minister of Armenia Nikol Pashinyan on August 15.
As the official website of the Prime Minister of Armenia informs, Pashinyan stressed the importance of making further steps aimed at the future development of the partnership. "The Government is interested in the implementation of joint investment projects and raising efficiency of bilateral cooperation", he noted. The interlocutors also discussed a range of other issues related to bilateral cooperation.
To recall, the Eurasian Development Bank (the "EDB") is an international financial institution established by Russia and Kazakhstan in January 2006 to promote economic growth in its member states, extend trade and economic ties among them, and support integration in Eurasia through investment. The Bank's charter capital totals US $7 billion. The Member States of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation and the Republic of Tajikistan.
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