Announcement
04 Oct 2016
According to an official press release of 4 October 2016, the Eurasian Development Bank ("EDB") and the Eurasian Resources Group ("ERG") signed a revolving loan facility agreement. The current members of EDB are the Russian Federation, Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 Oct 2016
Revocation date:
30 Nov 2020
Updated: 04 Oct 2016
Trade finance
The revolving loan facility between EDB and ERG is at the amount of US $95 million. The purpose of the facility is to pre-export finance iron ore supplies from one of ERG's enterprises, the So...
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