EBRD

Japan seeks to help Uzbekistan ahead of China

Uzbekistan will become the latest nation to join the global race to carbon neutrality by 2050. In collaboration with the European Bank for Reconstruction and Development or EBRD, the central Asian republic is set to declare its intention to significantly cut its reliance on thermal energy sources. Uzbekistan will be one of the few developing Asian countries to openly pledge a fossil fuel emissions reduction target, Nikkei Asia writes

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Uzbekistan’s privatisation plans forge ahead

The government of Uzbekistan has surprised international economists by announcing plans to forge ahead in 2021 with its ambitious privatisation plans, despite the global Covid-19 pandemic, Euronews writes in the article Despite the pandemic, Uzbekistan’s privatisation plans forge ahead. The virus has caused enough economic stress that the European Bank for Reconstruction and Development (EBRD) recently suggested a slow-down of major privatisations might be wise. “Earlier plans for large-scale privatisation of state-owned banks and enterprises may have to be delayed in case of slower-than-expected economic recovery,” the bank’s annual country assessment said

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EBRD to consult Turkmenistan on trade and export

The European Bank for Reconstruction and Development (EBRD) will hold a seminar on advanced export and trade finance practices in Ashgabat, the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET) said. The event will be …

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EBRD forecasts Azerbaijan’s GDP growth

European Bank for Reconstruction and Development (EBRD) forecasts 2.5%-growth in Azerbaijan’s GDP in 2018, according to the bank's Regional Economic Prospects report. ‘This is 0.5% higher than previous forecast’, …

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EBRD to finance project linking SGC and Western Europe

The European Bank for Reconstruction and Development (EBRD) will provide 60 million euros loan for the construction of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (BRUA), EBRD said. According to the statement, BRUA …

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EBRD predicts Azerbaijan’s economic growth

Azerbaijan’s GDP is projected to rise by 2% in 2018, according to the Transition Report of the European Bank for Reconstruction and Development (EBRD). The EBRD also expects the country’s GDP to drop by 0.5% in 2017. …

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EBRD: Azerbaijan’s economy to grow in 2018

Azerbaijan’s economy to grow 2% in 2018, the European Bank for Reconstruction and Development (EBRD) said. According to an updated Regional Economic Prospects report, the start of gas production within the second stage of …

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Ilham Aliyev meets with Suma Chakrabarty

Today, President of Azerbaijan Ilham Aliyev met with the delegation headed by the President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, the press service of the head of state reported. Recall, as …

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EBRD president due in Azerbaijan

President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti will visit Azerbaijan on Sept. 7-8, the EBRD head office told Trend Sept. 5, Trend reports. “This visit underlines EBRD’s commitment …

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EBRD to continue projects in Armenia

Armenian Prime Minister Karen Karapetyan told today the visiting President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti  that EBRD-financed projects implemented in Armenia …

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