The EDB and IAAS MSU sign a Memorandum of Understanding and Cooperation
Almaty, 25 March 2025. The Eurasian Development Bank (EDB) and the Institute of Asian and African Studies at Lomonosov Moscow State University (IAAS MSU) have signed a Memorandum of Understanding and Cooperation. The document was signed by TigranSargsyan, Vice Chairman of the EDB Management Board, and Alexey Maslov, Acting Director of IAAS MSU.
The memorandum outlines cooperation between the parties in training qualified professionals, advancing research on digital transformation in Eurasia and expanding the portfolio of digital projects under the EDB Fund for Digital Initiatives in the Bank’s shareholder countries.
Through their joint efforts, the EDB and IAAS MSU aim to strengthen their roles as key centres of expertise in digital transformation across Eurasia.
Following the signing ceremony, Tigran Sargsyandelivered a lecture to ISAS MSU students on Developing Eurasian Economic Integration in the Era of Digital Transformation. In his speech, he addressed the key challenges affecting Eurasian integration, including the emergence of a new technological paradigm, underintegration, the need to transform integration management processes and the pursuit of technological sovereignty for Eurasian countries.
In conclusion, Tigran Sargsyan underscored the importance of fostering a new, patriotic Eurasian elite, united by a shared vision of prosperity for the Eurasian Economic Union member countries and highlighted the role of the Russian language as a key humanitarian pillar of the integrated Eurasian space.
Additional Information:
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 18 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By 2025, the EDB’s cumulative portfolio comprised 305 projects with a total investment of US $16.5 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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