Nikolai Podguzov, Chairman of the EDB Management Board, discusses cooperation with Shri Ramesh, Deputy Managing Director of India Exim Bank
Moscow, 27 October 2022. Nikolai Podguzov, Chairman of the Eurasian Development Bank’s (EDB) Management Board, and Shri Ramesh, Deputy Managing Director of India Exim Bank, met on the sidelines of the 45th Annual Meeting of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP).
The parties discussed financial mechanisms to support exports and imports of the Bank’s member countries, including the possibilities and potential for using national currencies in international settlements.
Another item on the agenda was research carried out by development institutes and the possible launching of joint studies.
Additional Information:
The Eurasian Development Bank (EDB) is an international financial institution investing in Eurasia. For more than 16 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US $7 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing, and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.
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