ArmInfo. Armenian Deputy Prime Minister Mher Grigoryan, within the framework of his working visit to Kazakhstan, took part in the meeting of the Council of the Eurasian Development Bank (EDB). According to the government's official statement, during the meeting, the participants discussed the EDB's annual report and the procedure for membership of new participants.
According to the source, the RA Deputy Prime Minister stressed the importance of adopting the EDB strategy for cooperation with Armenia for 2022-2026.
The Eurasian Development Bank (EDB) is an international financial organization that carries out investment activities in the Eurasian space, which was established in 2006. The Bank promotes the strengthening and expansion of economic ties, and the comprehensive development of the participating countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan. The authorized capital of the EDB is $7 billion. The main part of the EDB portfolio is projects with integration effect in the fields of transport infrastructure, digital systems, green energy, agriculture, industry and engineering. In its activities, the Bank is guided by the UN Sustainable Development Goals and ESG principles.
