The Chairman of the EDB Management Board takes part in the meeting of the Foreign Investors’ Council chaired by the President of Kazakhstan

Astana, 22 May 2013. Igor Finogenov, Chairman of Eurasian Development Bank’s (EDB) Management Board, took part in the 26th plenary session of the Foreign Investors’ Council (FIC) chaired by the President of the Republic of Kazakhstan. The main topic of this meeting was Kazakhstan’s innovative and technological development until 2020.

The FIC was set up in 1998 to promote direct dialogue between the government of Kazakhstan and foreign investors in order to efficiently address key issues related to their investment activities in the country and improve the investment climate in Kazakhstan. The FIC is chaired by the President of Kazakhstan and includes heads of the government, the presidential administration and the National Bank of the Republic of Kazakhstan, on the one part, and top managers of international economic and financial organisations and foreign companies and corporations, on the other part.

Igor Finogenov joined the FIC in December 2009. The respective decree was signed by Nursultan Nazarbayev.

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