EDB delegation discusses prospects of ACF-supported investment cooperation with Tajikistan

Moscow, 5 February 2015. A delegation of Eurasian Development Bank (EDB), the Resources Manager of the EurAsEC Anti-Crisis Fund (ACF), headed by Head of the Programme Division, ACF Project Group, Artak Azizyan visited Dushanbe this week.

During the visit, the discussion focused on expanding cooperation between the ACF and the Republic of Tajikistan. There were meetings held with Deputy Prime Minister of the Republic of Tajikistan Murodali Alimardon, as well as representatives of the Ministry of Energy and Water Resources, Ministry of Transport, Ministry of Education and Science, and the Agency for Melioration and Irrigation. Besides, EDB’s delegation, together with agencies and international development partners concerned, participated in a meeting to discuss the draft Strategy of Melioration and Irrigation Development in the Republic of Tajikistan.

In addition to discussions with the government, the Bank’s experts held consultations with Patricia Veevers-Carter, Head of the World Bank’s office in the Republic of Tajikistan, and Viorel Gutu, Head of Representation of the UN Food and Agriculture Organization in the Republic of Tajikistan, on joint project preparation and implementation.

Additional Information

Eurasian Development Bank 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 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. Read more at https:// /.

The EurAsEC Anti-Crisis Fund (ACF) amounting to US$8.513 billion was formed on 9 June 2009 by the governments of six countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. The objectives of the ACF are to assist the member countries in overcoming the consequences of global financial crisis, ensure their economic and financial stability, and foster integration processes in the region. The ACF member countries signed the Fund Management Agreement with Eurasian Development Bank giving it the role of the ACF Resources Manager. Read more at https://efsd.org/.

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