Diplomat says UN may act as mediator at Astana talks between Damascus and oppositionRussian Politics & Diplomacy January 17, 21:31
Expert believes Brexit to bring UK closer to USWorld January 17, 20:29
Italian Foreign Ministry: It is necessary to assess conditions for returning to G8 formatWorld January 17, 20:04
Russia hopes ECHR will cancel its ruling on Dima Yakovlev Law — diplomatRussian Politics & Diplomacy January 17, 19:35
Preserving Moldova's neutrality impossible without partnership with Russia — presidentWorld January 17, 19:10
OPEC to monitor oil production, export — Saudi Arabian Energy MinisterBusiness & Economy January 17, 18:57
Group of Sukhoi-24M bombers to return from Syria soon — Defense MinistryMilitary & Defense January 17, 18:50
Russian reconciliation center reports over 1,130 Syrian settlements join ceasefireWorld January 17, 18:47
Over 5,000 Syrians get medical aid from Russian doctorsWorld January 17, 18:37
ALMA-ATA, October 1. /TASS/. Mutual direct investments in CIS fell by $6.3 bln or 12% in 2014 but remain stable in the Eurasian Economic Union (EAEU), the Eurasian Development Bank said on Thursday.
"Destabilization of economic and political situation in Ukraine is a major driver of collapse for all mutual direct investments in CIS," the bank said. "However, mutual investments in the EAEU region rose from $24.8 bln to $25.1 bln in 2014 even in national currencies’ devaluation environment, which is mainly explained by development and strengthening of integrational interaction," the EDB reported.
Russian multinational companies that implemented 84% of mutual direct investments in CIS and Georgia remain the largest investors in the region. Russia attracted nearly 9% of mutual direct investments at the same time. Kazakhstan is ranked second in terms of mutual investment flows. Ukraine, Belarus and Azerbaijan are also among top five most important countries in terms of mutual direct investments, the EDB said.
The Eurasian Development Bank is an international financial organization established to promote economic growth in its member states, extend trade and economic ties between them and to support integration in Eurasia. The Bank was conceived by the Presidents of the Russian Federation and the Republic of Kazakhstan and established in 2006, following the signing of an international agreement by the Presidents of those two countries on 12 January that year. The Republic of Armenia and the Republic of Tajikistan, the Republic of Belarus and the Kyrgyz Republic became full members in 2009, 2010 and 2011 respectively. The Bank’s charter capital is over $1.5 billion.