Russian athletes may take part in 2017 European championship under neutral flagSport December 05, 13:36
Talks between OPEC, non-OPEC members to be held on Dec 10 in ViennaBusiness & Economy December 05, 13:29
Lavrov says militants who do not leave eastern Aleppo to be regarded as terroristsRussian Politics & Diplomacy December 05, 13:20
Russia sees no need to establish military blocks in Asian-Pacific regionRussian Politics & Diplomacy December 05, 13:05
Press review: US pushes for new anti-Russia sanctions and Russia's military export in 2016Press Review December 05, 13:00
St. Petersburg University ranks 64th among Europe's best business schoolsSociety & Culture December 05, 12:59
Navy commander: Russia’s aircraft carrier-led group in Mediterranean is self-sufficientMilitary & Defense December 05, 12:55
Prosecutors to question lawyer representing ex-president of Ukraine over Maidan eventsWorld December 05, 12:32
Investigators seize documents from owner of Russian ship detained in AmsterdamMilitary & Defense December 05, 12:31
ST. PETERSBURG, October 20. /TASS/. The Eurasian Development Bank (EDB) plans to increase the number of its member-states, Chairman Dmitry Pankin told TASS on Tuesday, adding that China, Korea, Turkey, India and Iran may potentially become its new members.
"Among EDB top-priorities is the goal of increasing its member-states. Potentially those are countries interested in the region - China, Korea, maybe Turkey, India, Iran. Of course, we don’t have a tough schedule of adding new members to the EDB, this being more like a motion vector," Pankin said.
In August, the bank’s shareholders reviewed its development strategy, the official said. "We offered an option to the EDB board: if founders assume that the Bank should be engaged in big infrastructure projects, significant to the regions’ states recapitalization should equal to at least $10 bln. Then the Bank may take on big energy, transport projects involving member-states. But their budgets have no such funds thus, a decision was made not to carry out this huge recapitalization," he said, adding that amid this environment "the Bank’s goal is to focus on integration projects with value chains in industry, chemicals, pharmacy, machine building." "Intersection of interests of the Bank’s member-states was our key criterion in the project," Pankin said.
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. It was conceived by Presidents of the Russian Federation and the Republic of Kazakhstan and established in 2006. The Republic of Armenia and the Republic of Tajikistan, the Republic of Belarus and the Kyrgyz Republic became its full members of in 2009, 2010 and 2011 respectively. The Bank’s equity capital totals $1.5 bln.