Armenia to become member of Eurasian Development Bank by the end of the
year
2008-11-28 13:24:00
ArmInfo. Armenia may become a member of Eurasian Development Bank by
the end of the current year, Deputy Energy and Natural Resources
Minister Iosif Isayan told ArmInfo correspondent.
He also added Armenian Constitutional Court has already discussed the
agreement on Armenia’s joining the bank and on 1 December the decision
will be directed to the parliament for ratification. He also said
Armenia’s joining Eurasian Development Bank is very much important as
the latter is an investment bank which finances various projects in the
CIS countries. Eurasian Development Bank is interested in Armenia in
the projects in the sphere of energy, transport and agriculture.
To note, Eurasian Development Bank with 1,5 bln dollars authorized
capital was founded in January 2006 on the basis of agreement between
the governments of Russia and Kazakhstan.