Andrey Beliyaninov opens the 14th International Conference on Eurasian Economic Integration
Moscow, 29 November 2019. Andrey Beliyaninov, Chairman of the Management Board of the
Eurasian Development Bank (EDB), opened the 14th International Conference on Eurasian Economic Integration that is running today, on 29 November, in Moscow.
The plenary session is focused on Eurasian integration agenda. The conference has brought together governmental institutions, international organisations, and the expert community.
“There are many similar conferences in the world where you’ll hear conflicting viewpoints each year. It may be difficult for a common person to understand what’s actually happening. We tried to ensure that our conferences track the issues they raise. At the past conference, we talked about the need to launch settlements in national currencies, although some experts insisted there was no such need and businesses would decide on their own. But the year of 2019 was a period when we’ve seen a considerable increase in payments in national currencies. This is what politicians of many countries state. We’ve launched settlement and clearing services at our Bank, which we find to be in demand. So, this is not what we need today, but what we needed as early as yesterday,” said Andrey Beliyaninov.
This year the conference discusses challenges, opportunities, and new tools to transform financial institutions and technology. The panel sessions consider the issues around the development of entrepreneurship and industrial cooperation, including the investment climate in the area of small- and medium-sized businesses; the promotion of domestic and joint exports; the implementation of renewable and green energy projects; the humanitarian aspects of integration and the development of financial markets; as well as other pressing issues.
Additional Information:
The Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. The EDB'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.
Read more about the EDB at https://eabr.org/
The EDB Media Centre:
Alexander Savelyev +7 (985) 765 23 59 (Moscow)
Azima Sapargaliyeva +7 (777) 750 00 08 (Almaty)
Sergey Gorbachev +7 (916) 727 22 00 (Moscow)