The Asian Development Bank (ADB) has launched an Energy for All Partnership that aims to provide access to modern energy to an additional 100 million people in the Asia-Pacific region by 2015.
A council of Interbank Association of the Shanghai Cooperation Organization held a meeting in Yekaterinburg, Russia, on 14 June.
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will travel to Central Asia for the first time when he visits Kazakhstan, Tajikistan, the Kyrgyz Republic, and Uzbekistan between 15 to 18 June.
The Islamic Corporation for the Development of the Private Sector (ICD), affiliated with the Islamic Development Bank (IDB) Group, opened US$42 million credit line to three Uzbek commercial banks.
The Asian Development Bank (ADB) has appointed Dr. Jong-Wha Lee as Chief Economist.
Leading grain market players meeting at the initiative of the EBRD called on the governments of the former Soviet Union to stimulate the private investments needed to unlock the region’s huge agricultural potential through stable long-term policies and making it possible to use land in order to raise finance.
Uzbek President Islam Karimov has signed a decree on "On approving agreements between the governments of Uzbekistan and Oman on the encouragement and mutual protection of investments, as well as avoiding double taxation and preventing income and capital tax evasion.
The European Bank for Reconstruction and Development is investing up to US$100 million in the first infrastructure fund being set up to target projects mainly in Russia, Kazakhstan and Ukraine, three countries where the EBRD’s cumulative investments in this particular sector of the economy already amount to nearly US$4.5 billion.