Improvement of the activities of the Eurasian development bank in modern conditions

Alekseev Petr Viktorovich

Presently, the member states of the Eurasian Development Bank (Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan) experience several economic problems. In particular, the insufficient development of their intra-regional industrial cooperation hinders the development of their national economies, as well as regional integration cooperation within the Eurasian Economic Union (EAEU). The transport infrastructure of the Bank's member states is developed insufficiently, which hinders the use of their transport and transit potential and decreases the sustainability of their economic development. The potential of regional monetary, financial and investment cooperation is used insufficiently, which leads to an increase in risks for economic entities of the member states of the Eurasian Development Bank (EDB). The article indicates that in order to solve these problems, stimulate regional integration cooperation of the EDB member states, it is advisable to use its potential more effectively. The article analyzes the features and trends of regional cooperation between the EDB member states. Obstacles hindering the realization of the EDB's potential are set out, and measures are proposed to improve its activities.

Keywords:Eurasian Development Bank, Eurasian Economic Union, industrial cooperation, transport infrastructure, Eurasian transport framework, monetary and financial, investment cooperation.