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The parties discussed prospects for expanding cooperation in supporting mutual trade and export operations between the member states of the Eurasian Economic Union (EAEU) and the Bank’s member countries.
Special attention was given to the development of IBEC’s trade finance instruments – including export credit, guarantees, letters of credit, and settlements in national and reserve currencies – which contribute to the growth of sustainable trade and enhance the export potential of the Bank’s member countries, including Vietnam, Mongolia, and Russia.
During the meeting, the IBEC Strategy was presented, with particular focus on strengthening economic ties between the EAEU countries and the Bank’s member states.
“The International Bank for Economic Co-operation considers engagement with the Eurasian Economic Commission as an important area of its activity. We see significant potential for joint initiatives aimed at supporting trade, promoting settlements in national currencies, and implementing projects that strengthen economic integration in the Eurasian region,” – said Denis Ivanov, Chairman of the IBEC Board.
The parties also discussed the Bank’s possible participation in the business program of the Eurasian Economic Forum, scheduled to take place in 2026 in the Republic of Kazakhstan, and agreed to continue the dialogue to define specific forms of cooperation.
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