Eurasian Development Bank (EDB) and the Roscongress Foundation recently signed an agreement to establish and develop cooperation to streamline access to financing.

The agreement was signed at the Russian Investment Forum in Sochi, Russia, according to a press release on the EDB website. Both parties will share analytical, statistical and legal information and work on models to develop financially worthwhile projects.

EDB is an international bank founded by Russia and Kazakhstan 11 years ago. Member states of the Bank include Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Russia and Tajikistan.

The Roscongress Foundation was founded 10 years ago to help boost Russia’s economic potential by setting up special events.