EDB hopes to see Azerbaijan, Turkmenistan among its participants

The head of the Eurasian Development Bank (EDB), Nikolay Podguzov, hopes that Azerbaijan, Turkmenistan and other countries will eventually join the bank, Report informs via TASS.

"I would very much like to see both Turkmenistan and Azerbaijan among the participants of the bank. I hope that these countries will also join the bank over time," he told reporters on the sidelines of the conference of investors - members of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP).

Podguzov also said that the EDB and Uzbekistan are continuing active negotiations on the republic's entry into the list of participants in the development institution. "We communicate with Uzbekistan, and many positions have been brought closer. So far, this is probably one of the most realistic candidates for joining the bank," Podguzov said.

The EDB is an international financial organization that carries out investment activities in Eurasia with the aim of expanding economic ties and comprehensive development of the participating countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan. The main share in the EDB portfolio is occupied by projects with an integration effect in the areas of transport infrastructure, digital systems, green energy, agriculture, industry and engineering.