Union Cabinet Approves India's Membership for EBRD

Posted on:23 Nov 2017 12:38:26
Union Cabinet Approves India's Membership for EBRD
23 November 2017 Current Affairs: The Union Cabinet chaired by Prime Minister Narendra Modi approved India's Membership for European Bank for Reconstruction & Development (EBRD).

The Membership of the EBRD would enhance India's international profile and promote its economic interests and contribute to an improved investment climate in the country. 

It would increase the scope of cooperation between India and EBRD through co-financing opportunities in manufacturing, services, Information Technology, and Energy.

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