Tag Archives | European Bank for Reconstruction and Development

IBBC welcomes Iraq's EBRD Membership

From the Iraq Britain Business Council (IBBC). Joining the European Bank for Reconstruction and Development (EBRD) is great news for Iraq. The IBBC welcomes EBRD membership on a number of levels as Iraq will both benefit from joining an organisation mandated to develop open and sustainable market economies in countries committed to, and applying, democratic […]

Iraq to join European Bank for Reconstruction and Development

Iraq has taken the first step to become a member of the European Bank for Reconstruction and Development (EBRD). The 71 existing shareholders of the multilateral financial institution approved a request by the country during the Bank's Annual Meeting on Wednesday. The EBRD promotes private sector development and sustainable and inclusive growth through a combination […]

EBRD Considering Iraqi Membership

By John Lee. The European Bank for Reconstruction and Development (EBRD) is reportedly considering a request from Iraq to become a member. A decision is expected to be made within three weeks. The EBRD was established to help build a new, post-Cold War era in Central and Eastern Europe. It has since played a historic […]

Iraq discusses Joining European Bank for Reconstruction and Development

By John Lee. The Ambassador of Iraq in London, Mr. Mohammad Jaafar Al-Sadr, has met Mr. Enzo Quattrociocche, the Secretary-General of the European Bank for Reconstruction and Development (EBRD). During the meeting, they discussed the possibility of Iraq joining the bank. The Ambassador stressed the importance of moving forward with the implementation of Iraq’s economic […]

Donors Pledge $2.1 bn, More Expected

By Simon Kent. Supranational organizations and countries at the US State Department organized Washington donor conference have made pledges of hundreds of millions of dollars for Iraq. This will take some financial strain off the Iraqi government as it struggles to assist over 3 million displaced people, amid slumped oil revenue and ongoing war expenditure. […]