Kazakhstan today. Armenia became third EDB member state.

06.04. 2009

Kazakhstan today

Armenia became third EDB member state

Almaty. April 6. Kazakhstan Today — The Republic of Armenia has paid its part of the authorized capital of the Eurasian Development Bank (ЕDB) to the account bank — $100 thousand. Armenia had finished all the necessary procedures connected with joining ADB and became the third full participant of the bank, the agency reports citing the bank’s press service.

«Participation in the bank will allow Armenia stimulating realization of infrastructural projects in its territory and participating in large investment programs EDB, having integration effect and connected, in particular, with energy, mining, and industrial sectors,» Vice President of the EDB board, Sergey Ryabov, said.