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Feed/CNS2005/0139(CNS)Other

The EBRD, to permit it to finance operations in Mongolia

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 251mo ago
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This procedure concerns an amendment to the agreement that established the European Bank for Reconstruction and Development (EBRD). The change will allow the EBRD to finance projects and operations in Mongolia, extending its geographical reach and potential impact.

This modification affects Mongolia by opening up new avenues for investment and development aid from the EBRD. It also impacts the EBRD's operational scope and its ability to support economic transition in a new region.