Council of Eurasian Development Bank extends term of Bakytzhan Sagintayev as chairman

June 22 in Ukimet Uyi the Prime Minister Bakytzhan Sagintayev met with the Board Chairman of the Eurasian Development Bank Andrei Belyaninov and held a meeting of the Council of the Bank in videoconferencing mode.

Егемен Қазақстан
22.06.2018 58

At the meeting, Sagintayev and Belyaninov discussed the current and future directions of the Bank's activities.

The participants of the EDB member countries reviewed the main financial results of the bank's activities and further prospects for cooperation with international financial institutions. In addition, attention was paid to the implementation of joint integration projects aimed at increasing competitiveness.

The Strategy of the Bank for 2018-2022 was also considered. The Board extended the authority of the Representative of the Republic of Kazakhstan in the Council of the Bank B. Sagintayev as the Chairman of the EDB Council.

Eurasian Development Bank was established on the basis of an interstate agreement signed January 12, 2006. The presidents of Kazakhstan and Russia were the initiators of the creation of the Bank.

The Bank is an international financial organization designed to promote the economic growth of member states, expand trade and economic ties between them and develop integration processes in the Eurasian space through investment activities. The largest countries of operations are Kazakhstan, Russia and Belarus.

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