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NDB & EIB join hands to fund sustainable development projects

NDB & EIB join hands to fund sustainable development projects

Monday, April 3, 2017, 6:24 PM

New Development Bank, popularly known as the “BRICS” bank and European Investment Bank, the long-term lending institution of European Union have signed a Memorandum of Association to support sustainable development and climate related investments. According to the MoU, the NDB and EIB intend to explore cooperation in the areas of infrastructure, environment, and sustainable development projects in accordance with their respective mandates and policies.
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