EDB is open to participation of Azerbaijan and Türkiye – board chairman (VIDEO)

ALMATY, Kazakhstan, June 30. The Eurasian
Growth Financial institution (EDB) is open to the participation of Azerbaijan
and Türkiye, Chairman of the Board of the EDB Nikolay Podguzov instructed
Development on the sidelines of the financial institution’s Annual
Assembly and Enterprise Discussion board in Almaty, Kazakhstan.

“There are plans for growth. In all probability the speedy plans are
for Uzbekistan to hitch the financial institution. And we, I hope, will full
these procedures this yr and start financing tasks. As for
Azerbaijan and Türkiye, making an allowance for the geographical
location of those international locations, they’re in Eurasian area. They’re
additionally neighbors of the financial institution’s members. Taking into consideration the very
vital volumes of commerce turnover between Türkiye and
Azerbaijan and the international locations of the Eurasian area, the
participation of those international locations within the Eurasian Growth Financial institution
is definitely vital and can be helpful each for the international locations
already within the financial institution and for Azerbaijan and Türkiye. We’re open to
the participation of Azerbaijan and Türkiye,” he stated.

In response to Nikolay Podguzov, selections on international locations’ accession
are made on the shareholder stage.

“To do that, we have to obtain acceptable functions from
international locations about their intention to hitch the financial institution after which we may
start official procedures for becoming a member of. However we’re prepared, the
perimeter of cooperation between Azerbaijan and Türkiye with the
international locations of the area permits us to shortly put together an inventory of
present joint tasks and I consider that we may efficiently
implement them if these international locations have been members of the Eurasian
Growth Financial institution,” he stated.

EDB is a global monetary group that carries out
funding actions aimed toward creating economies, commerce and
financial relations and integration processes within the international locations of
the Eurasian area.

Presently, the financial institution’s member-shareholders are six international locations –
Russia, Kazakhstan, Belarus, Tajikistan, Kyrgyzstan and
Armenia.