OREANDA-NEWS. September 29, 2009. Eurasian Development Bank, listed on the special trading floor of the Regional Financial Center of Almaty, provided Kazakhstan Stock Exchange (KASE) with a press release, reported the press-centre of KASE:

Eurasian Development Bank (EADB) signed a Memorandum of Understanding and Cooperation with the Secretariat of Integration Committee of Eurasian Economical Community (EurAsEC). The document was signed by EADB Chairman Igor Finogenov and General Secretary of EurAsEC Tair Mansurov. The Memo was signed at the Investment forum "Customs union – Integration breakthrough EurAsEC", currently held in Almaty.

The two sides seek to establish and develop partnership for purposes of effective use of their potential.

Striving to facilitate economical integration of EurAsEC countries, their economical growth and extension of mutual trade and economical bonds, the sides intend to coordinate implementation of inter-government target programs adopted within the EurAsEC, and investment projects of the Bank implemented in the interests of the members.

The sides will take steps to ensure participation in financing of inter-government target programs and investment projects, or rendering aid in attracting funds for implementation of the programs.

Details are available at http://www.eabr.org