Head of EDB receives Tajikistan’s government delegation
Almaty, 26 July 2013. Igor Finogenov, Chairman of Eurasian Development Bank’s (EDB) Management Board, received today at the Bank’s headquarters a delegation from the Republic of Tajikistan headed by Deputy Prime Minister Murodali Alimardon. The delegation included representatives of Tajikistan’s business circles.
The parties discussed the prospects for and the investment potential of cooperation between EDB and Tajikistan. In particular, they reviewed the issues of trade and project finance that can be provided by the Bank for economic projects, including the construction of a livestock and poultry farm, spinning and knitting mills, agricultural processing plants and a cement plant. Tajik businesspeople described their projects and their financial feasibility and socioeconomic importance.
These projects were proposed by the Tajik side for discussion at the Roundtable on Investment Cooperation, which took place in Dushanbe in February in the framework of the EDB management’s visit to Tajikistan. In the Joint Statement by EDB and the Government of the Republic of Tajikistan, which was made at the roundtable, the parties expressed their readiness to develop mutually beneficial cooperation in order to implement investment projects in a number of areas, including those, which were discussed at today’s meeting.
After negotiations the head of EDB reaffirmed the Bank’s commitment to take a proactive part in the economic development of the country. The Tajik side thanked the Bank for open and fruitful dialogue. The information provided in the course of negotiations will make it possible for the Bank to assess the proposed projects for their compliance with the Bank’s mission and requirements, in particular, in terms of their socioeconomic and integration effects.
Additional Information
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.