The European Bank for Reconstruction and Development will tie its investment activities in Belarus to the release and rehabilitation of political prisoners.
In mid-March 2013, the European Bank for Reconstruction and Development (EBRD) published its new strategy for working with the Republic of Belarus over the next three years. It is noteworthy that the Bank invited a wide circle of representatives of Belarusian civil society to consult on developing this approach paper.
Among other things, the strategy notes that, in light of recent political and economic events and continuing its policy of constructive engagement to promote reform, the Bank will limit its investments with state-owned enterprises in the areas of trade finance, energy efficiency credit lines, and private equity funds.
As ...Read More