News – Eurasian Development Bank

On 29 November 2019, the Eurasian Development Bank (EDB) will host its 14th International Conference on Eurasian Economic Integration

The Project Block of the Eurasian Fund for Stabilization and Development (EFSD) managed by the Eurasian Development Bank (EDB) visited Tajikistan with a mission from 9 to 12 July 2019 to conduct regular macroeconomic monitoring and discuss further cooperation under EFSD financial credits

Andrey Shirokov, Executive Director of the Project Block at the Eurasian Fund for Stabilization and Development (EFSD) managed by the Eurasian Development Bank (EDB), met with Baktygul Jeenbaeva, Minister of Finance of the Kyrgyz Republic, during EFSD delegation’s visit to Bishkek (Kyrgyz Republic), to review the current level of cooperation and priorities in the further joint development and promotion of EFSD investment projects and grants in the country

Mukhammedkalyi Abylgzaiev, Prime Minister of the Kyrgyz Republic, met with Andrey Shirokov, Executive Director of the Project Block at the Eurasian Fund for Stabilization and Development (EFSD) managed by the Eurasian Development Bank (EDB), during EFSD delegation’s visit to Bishkek (Kyrgyz Republic), to discuss the implementation of EFSD investment projects in the country, including the reconstruction of the Bishkek–Osh road (Phase IV)

The Eurasian Development Bank (EDB) and REGION Leasing, a member of the REGION Group of Companies – one of Russia’s largest private investment holdings, intend to jointly prepare and implement projects in priority economic sectors. The respective memorandum was signed on 5 September in Vladivostok at the Eastern Economic Forum by Vsevolod Smakov, Member of the Management Board and Head of the EDB’s Energy and Industry Block, and Rustem Mukhamedov, General Director of REGION Leasing

Despite a decline in the significance and intensity of the Kyrgyz Republic’s mutual trade with the EAEU countries in 2018, these indicators remain high due to the country being the second most integrated EAEU economy after Belarus. These findings are presented in the report titled Main Trends in the Kyrgyz Republic’s Integration Development in 2018 prepared by the Centre for Integration Studies at the EDB’s Directorate for Research

In 2018, Russia’s trade with other EAEU countries amounted to US $57.8 billion (up 10.1% on 2017), including exports worth US $38.7 billion (up 12.7%) and imports US $19.1 billion (up 5.3%). This finding is presented in the report titled Main Trends in Russia’s Integrated Development in 2018 distributed by the Directorate for Research at the Eurasian Development Bank (EDB)

Belarus remains the most integrated country in terms of trade with the EAEU countries, especially Russia. This finding is presented in the report titled Main Trends in Belarus’ Integrated Development in 2018 prepared by the Directorate for Research at the Eurasian Development Bank (EDB).

In 2018, the share of EAEU countries share in Kazakhstan’s foreign trade declined due to a boost in its trade with third countries driven by the growing prices of energy resources coupled with a record high oil production and the expansion of the capacity of the main pipeline that increase gas export potential. These findings are presented in the report titled Main Trends in Kazakhstan’s Integration Development in 2018 prepared by the Centre for Integration Studies at the EDB’s Directorate for Research

Cluster development is on the development agenda of all the EDB member countries. This finding is presented in the report titled Cluster Development in the EAEU Member Countries distributed by the Centre for Integration Studies at the EDB’s Directorate for Research

Amid active domestic political developments in Armenia, the integration agenda remains a priority. This finding is presented in the report titled Main Tendencies in Armenia’s Integration Development in 2018 prepared by the Centre for Integration Studies at the EDB’s Directorate for Research

Dushanbe, 11 July 2019. The Eurasian Development Bank (EDB), the KazakhExport export insurance company, and Rohi Ohani Tojikiston (Tajik Railways) signed a memorandum of understanding aimed at developing strategic partnership