The EDB, HayPost, Belpochta, Kyrgyz Post, and Russian Post to jointly develop postal logistics services and products

04 December 2020

Moscow, 4 December 2020. Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB), Hayk Karapetyan, Chief Executive Officer of HayPost (Armenia’s postal operator), Svetlana Yurkevich, General Director of Belpochta (Belarus’s postal operator), Damir Monoldorov, General Director of Kyrgyz Post (Kyrgyz Republic’s postal operator), and Maxim Akimov, General Director of Russian Post (Russia’s postal operator) signed a cooperation agreement at the First Eurasian Congress.

The parties have agreed to coordinate efforts in creating logistics services for the delivery of international mail among countries, and developing and launching products to organise postal deliveries between Asia and Europe, Europe and EAEU countries, and the United States of America and EAEU countries.

In addition, the EDB and postal operators intend to jointly develop and implement a unified technology for handling international mail, introduce an authorised internet trading operator to arrange work at customs warehouses, and invest in cutting-edge technologies for handling cargo and mail.

Additional Information:

The Eurasian Development Bank (EDB) is an international financial institution promoting integration and development in its member countries – Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Russia, and Tajikistan. The EDB's charter capital totals US $7 billion. The Bank was established in January 2006 by Russia and Kazakhstan and is headquartered in Almaty. Transport infrastructure, energy, chemical, mining, and mechanical engineering projects with a high integration effect account for the main part of the EDB’s portfolio.

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