THE 127TH ORDINARY MEETING OF THE COUNCIL OF THE INTERNATIONAL BANK FOR ECONOMIC CO-OPERATION
The 127th meeting of the supreme management body of the International Bank for Economic Co-operation - the IBEC’s Council was held in Moscow on 8 June 2016.
The meeting of the IBEC’s Council was attended by delegations of all Bank’s member countries. Mrs. Dao Thuy Hang, Head of the delegation of the Socialist Republic of Vietnam, chaired the meeting in order of precedency.
IBEC’s member countries unanimously supported the Bank in its incremental progress towards implementation of new Development Strategy having approved the Board’s Report of the IBEC’s Performance.
For purposes of implementation of the IBEC’s Resumption and Development Strategy with an outlook to 2020, the IBEC’s Council instructed the Bank’s Board to prepare and present at the ordinary meeting a number of framework documents, which approval will enable the Bank to develop even more dynamically and implement the objectives of promotion of economic cooperation and development of national economies of Bank’s member countries, as specified in the constitutional documents.