The Eurasian Development Bank and the Titan Group of Companies sign a letter of intent

15 February 2018

Sochi, 15 February 2018. The Eurasian Development Bank (EDB) and the Titan Group of Companies signed a letter of intent to fulfil investment projects at the Russian Investment Forum that is taking place from 15 to 16 February in Sochi.

The sides intend to pool resources and efforts to foster mutually beneficial cooperation between them to start manufacture of new, high-quality products, advance exports to global markets, substitute imports, and launch world-class production facilities unparalleled in the Eurasian Economic Union.

Additional Information:

The Eurasian Development Bank (EDB) 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. The EDB's charter capital totals US $7 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.

EDB Media Centre:

+7 (727) 244 40 44, ext. 6147 (Almaty)

pressa@eabr.org

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