Chairman of the EDB Executive Board takes part in the session of the Foreign Investors Council chaired by the President of the Republic of Kazakhstan

Astana, 22 May 2012. Igor Finogenov, Chairman of the Eurasian Development Bank’s (EDB) Executive Board, took part in the 25th plenary session of the Foreign Investors Council chaired by the President of the Republic of Kazakhstan. Kazakhstan as an international trade, logistics, business and financial hub was the main theme of the meeting.

The Foreign Investors Council was set up in 1998 with a view to ensuring direct dialogue between the Government and investors working in the country for prompt resolution of problems associated with their investment activities and the improvement of investment climate in the country. The Council is headed by the President of Kazakhstan and comprises heads of the government, the presidential administration and the National Bank of the Republic of Kazakhstan on the one part, and chief executive officers of international economic and financial institutions, foreign companies and corporations on the other.

Igor Finogenov became a member of the Foreign Investors Council in December 2009. The respective decree was signed by Nursultan Nazarbayev.

Additional Information

The Eurasian Development Bank 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. EDB’s charter capital exceeds US $1.5 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 at https://www.eabr.org.