EADB Signs Memo on Cooperation with Eurasian Business Council
OREANDA-NEWS. September 29, 2009. Eurasian Development Bank, a company listed on the special trading floor of the Regional Financial Center of Almaty, provided Kazakhstan Stock Exchange (KASE) with a press releases, reported the press-centre of KASE:
Eurasian Development Bank (EADB) signed a Memorandum on cooperation with Non-commercial partnership on development of trade and economical cooperation "Eurasian Business Council". The document was signed by EADB Chairman Igor Finogenov and Coordination Council Chairman Oleg Soskovets at the investment forum "Customs union - Integration breakthrough EurAsEC, currently held in Almaty. The document specifies strategic partnership of the two sides in implementation mid-term and long-term investment projects aimed at infrastructure development, increase of high tech production with high added value and creation of new jobs.
The sides showed common interests to seek prospective projects in Eurasia, define forms and terms of implementation, sources and order of funding. The sides agreed to create conditions for implementation of such projects through informational exchange, provision of organizational and legal support in talks and investment.
The Partnership was established by the Integration Committee of EurAsEC, Trade and Industry Chamber of Russia, Russian Union of Manufacturers and Businessmen and the Association of Financial and Industrial Groups of Russia to facilitate development of trade and economical cooperation of EurAsEC members, and cooperation and establishment of direct links between enterprises and companies of the Community, attraction of businesses to integration processes within EurAsEC.
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