New Development Bank expands cooperation with Bangladesh

Vladimir Kazbekov, Vice President of the New Development Bank (NDB), has completed an official visit to Dhaka. The trip was devoted to strengthening partnership with Bangladesh and discussing prospects for financing infrastructure and sustainable development projects, the bank's press service reports.

Kazbekov met with Muhammad Yunus, Chief Adviser and Head of the Interim Government of Bangladesh. The parties considered possible formats of interaction. Yunus positively assessed the growing participation of the NDB and noted the importance of international financial support for the country's development.

Kazbekov, in turn, reiterated the bank's readiness to actively engage in sustainable development and infrastructure projects in Bangladesh, including clean energy, transport, water supply and digital infrastructure.

It is noted that the New Development Bank considers subsidising specific projects that are in line with the UN Sustainable Development Goals and Bangladesh's priorities.

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