Tajikistan Joined EDB

The Republic of Tajikistan paid in its share of $500,000 in the charter capital of the Eurasian Development Bank, thus completing the procedures required for joining the EDB, and became the fourth full member (the third full member to join the EDB was the Republic of Armenia in April this year).

In December 2008 the EDB Council – the Bank’s supreme managing body – considered an application by Tajikistan and approved its joining.

In March 2009 the Republic of Tajikistan ratified the Agreement Establishing the Eurasian Development Bank and forwarded the ratification instruments to the Russian Ministry of Foreign Affairs, the depository of this international agreement. On 13 April this year, the Ministry informed the EDB that the Agreement had become effective for Tajikistan.

According to the founding documents, any country or international organisation can become a member of the EDB following a decision of the Bank's Council and after having joined the Agreement Establishing the Eurasian Development Bank and paid in their respective shares.

At present, the EDB comprises Tajikistan, Armenia, Kazakhstan and Russia.