Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), will visit Kazakhstan on 23–24 June 2025 for meetings with senior government officials and business leaders.
During the visit, she will meet with President Kassym-Jomart Tokayev, Prime Minister Olzhas Bektenov, and other top officials. Renaud-Basso is also expected to attend the signing of loan agreements for several sustainable infrastructure projects.
In addition, she will co-chair the 37th plenary session of the Foreign Investors Council, an advisory and consultative body chaired by the President of the Republic of Kazakhstan, and speak at the Global Business Women Council.
To date, the EBRD has invested over €11 billion in Kazakhstan across 340 projects, making it the Bank’s largest and longest-standing partner in Central Asia.
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The European Bank for Reconstruction and Development (EBRD) has provided a €500 million loan (almost $590 million) to the national gas company Naftogaz (NAK) for emergency gas purchases for Ukraine.
The European Bank for Reconstruction and Development (EBRD) has announced a lending the equivalent of $7 million to Saloğlu, Azerbaijan’s leading furniture producer and retailer, in local currency to help boost its competitiveness.
EBRD stated that Ukraine urgently needs new generation capacity after Russian attacks severely damaged its power sector, creating a significant shortfall in electricity generation. In response, the bank announced the launch of the Ukraine Renewable Energy Risk Mitigation Mechanism.
Kazakhstan and The European Bank for Reconstruction and Development (EBRD) will continue to work together to support transport infrastructure, green energy, small and medium-sized businesses, agriculture, and information technology in the country.
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U.S. and Iranian negotiators held their highest-level talks in half a century in Pakistan on Saturday in an effort to end their six-week war, as President Donald Trump said the U.S. military had begun the process of clearing the Strait of Hormuz.
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Azerbaijani and Armenian civil society representatives have convened for a new round of dialogue under the ‘Peace Bridge’ initiative, as both sides seek to sustain engagement ahead of key political developments in the region.
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