OREANDA-NEWS. The United Nations Secretariat registered under number 51782 the Foundation Agreement of Eurasian Development Bank (EDB) dated 12 January 2006 and its Charter annexed to the agreement. The respective certificate of registration (64617) is published on the UN's website.

International agreements and treaties are registered in accordance with Article 102 of the UN Charter, which sets forth that every treaty and international agreement, irrespective of their form or name, entered into by any member of the United Nations must be registered with the Secretariat. All treaties and international agreements between two or more countries are subject to registration.

The UN Secretariat includes treaties and international agreements in a special register, which comprises the title given to the instrument by the parties, the names of the parties, the date and place of signature, the date of ratification or acceptance, accession and entry into force, the duration, the name of the party or specialised agency which registers the instrument, and the date of registration.

A multilateral agreement is usually registered by its depository. The depository for EDB's Foundation Agreement is the Ministry of Foreign Affairs of the Russian Federation, which initiated its registration.

Registering international agreements and treaties with the UN, which is very widespread in international relations today, was historically seen as an opportunity for the global community to provide conditions to eliminate the practice of entering into secret agreements. At present, registration is used to ensure the effective application of international law provisions included in international agreements and treaties.

The registration of EDB's Foundation Agreement with the UN Secretariat confirms the Bank's status of an international institution. This will make it possible for the Bank to simplify the processes of, and procedures for, establishing and developing relationships with its counterparties - investors, banks, stock exchanges, and other multilateral institutions, among others.