YEREVAN, November 25. /ARKA/. The heads of governments of Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan and Uzbekistan have been invited to participate in the first Eurasian Congress organized by the Eurasian Development Bank (EDB) in Moscow on December 4, 2020.
The highlight of the event will be the plenary session titled “Economic Pragmatism and Mutual Benefit as Key Pillars of Eurasian Economic Integration.” The Congress will also include panel discussions on various aspects of Eurasian economic integration.
“The objective of the Congress is to search for and discuss practical solutions to Eurasian economic integration. Economic integration is only successful when all participants feel its positive effects, when it benefits businesses, and helps to improve the well-being of the people,” emphasized Nikolai Podguzov, Chairman of the EDB’s Management Board.
The Congress will include several panel discussions. “End-to-end Integration Projects” is the key topic of the joint session to be held by the EDB and VEB.RF. The panel will bring together heads of major companies and national development banks.
The panel of chief economists and international financial institutions will discuss what effect Eurasian economic integration will have, whether it will help to bridge the gap in economic development, and what is needed for this.
The EDB’s Digital Initiative Fund’s session titled “Digital Eurasia: New Growth Strategy” will discuss the prospects for scaling up digital projects and digital transformation at the regional and global levels.
Is the idea of “from Lisbon to Vladivostok” still relevant as regards the development of integration in Greater Eurasia? What is the content of the Greater Eurasian partnership and is it possible? These questions will be discussed at the session titled “Towards Greater Eurasia through the Connectivity of States, Businesses, and People.”
The requirements and expectations of the market for transport and logistics solutions, as well as investment needs for the development of transboundary infrastructure will be the main topics of the panel titled “Transboundary Infrastructure and End-to-End Value Chains.”
The session titled “Common Financial Market: Opportunities and Risks” will discuss the roles of development banks in a changing financial environment, their competition with commercial banks in Eurasia, and challenges associated with harmonizing financial regulations. The discussions will be held online for anyone who might be interested. The event will be carried out with due respect for all sanitary rules.
The detailed information about the Congress, the terms of participation, and information for the media is published and updated on the event’s official website congress.eabr.org.
The Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. The EDB’s charter capital totals US $7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.