EDB Summarizes on Eurasian Integration Conference
OREANDA-NEWS. October 07, 2009. Eurasian Development Bank, bonds of which are listed on the special trading floor of the Regional Financial Center of Almaty, provided Kazakhstan Stock Exchange (KASE) with a press release, reported the press-centre of KASE:
The IV International conference of Eurasian Development Bank regarding Eurasian integration was held in Alamty.
Representatives of local authorites, scientists and specialists of EurAsEC and CIS worked at the conference.
Participants noted the global economical crisis is of a systemic nature and influences the global economy and international economical relations affecting all industries and social strata of members of EurAsEC and CIS.
To overcome crisis EurAsEC members must ensure further diversification of national economies thanks to high technologies.
A cluster of anticrisis measures at a regional level must specify implementation of investment projects, aimed at efficiency of industrial potential, resource and energy preservation and innovational technologies.
A recently established Anti-crisis EurAsEC fund will play an important role in fighting the crisis and its consequences. The bank will manage the fund.
Participants approved recommendations citing importance of investment and innovation areas of cooperation between EurAsEC countries.
Materials of the conference will be released in magazine 'Eurasian economical integration", and bank website (www.eabr.org).
Eurasian Development Bank is an international financial organization established by Russia and Kazakhstan in Janaury 2006 to develop economy of membering countries and enhance mutual trade and economical relations
Details are available at http://www.eabr.org
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