BAKU, Azerbaijan, December 20. The quantity of
mutual investments between Azerbaijan and Kazakhstan for the primary
half of 2024 amounted to $65 million, and the variety of mutual
funding tasks amounted to 5.
The information obtained by Pattern from the Eurasian Growth Financial institution (EDB) reveals
that out of the above-mentioned quantity, $8 million (two tasks)
are Kazakh investments in Azerbaijan, and $57 million (three
tasks) are Azerbaijani investments in Kazakhstan.
To notice, the EDB is a multilateral improvement financial institution with an
approved capital of seven billion {dollars}, designed to advertise
the financial progress of member states, enlargement of commerce and
financial ties between them, and the event of integration
processes within the Eurasian house by way of funding actions.
The primary sources of financing for the EDB’s lending and
funding actions are long-term borrowings raised within the
capital markets and the financial institution’s personal funds.
