YEREVAN, September 23. /ARKA/. Eurasian Development Bank’s investments totaled $5.285 billion by early September, 2014, Igor Finogenov, head of the bank’s board, said in an interview with Izvestia.
“The estimation carried out as part of analysis of projects shows that more than 22,000 permanent jobs are already created or will be created soon in the process of their implementation,” he said.
Finogenov said that the Eurasian Development Bank supports projects in all those segments of the economy that promote trade and economic relations between the bank participant countries.
“According to our estimation based on the projects’ data and things at commodity markets, by September 1, 2014, the bank’s investment portfolio was able to generate every year mutual trade flows amounting to $2.4 billion,” he said in his interview.
The banker added that the Eurasian Development Bank supports joint projects and promotes domestic companies’ access to neighboring countries’ markets.
Armenia’s share in the Eurasian Development Bank’s current investment portfolio is 1.33%. –0–
