EEMEA market round up: Eurasian Development Bank expands

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By:
Guy Norton
Published on:

The Eurasian Development Bank has admitted Belarus, Armenia and Tajikistan. According to the bank’s chairman, Igor Finogenov, the admission of new member states will enhance the wider geographic expansion of the bank’s investment activities. According to the founding documents of the bank – which was established in January 2006 by Kazakhstan and Russia – any country or international organization can apply for membership.