Asian Development Bank
, when ADB was established
, it had 31 members. Over the years its membership has grown to 67, both within and outside the Asian and Pacific region. Georgia
has become the 67th member of ADB
. Its membership became effective on 2 February 2007. Members include: Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Mongolia, Tajikistan, Turkmenistan, Uzbekistan
The work of the ADB is aimed at improving the welfare of the people in Asia and the Pacific, particularly the 1.9 billion who live on less than $2 a day. Despite many success stories, Asia and the Pacific remains home to two thirds of the world's poor.
ADB's annual lending volume is typically about $6 billion
, with technical assistance usually totaling about $180 million a year.
The Asian Development Bank:
• extends loans and equity investments
to its developing member countries (DMCs) for their economic and social development
• provides technical assistance
for the planning and execution of development projects and programs and for advisory services
• promotes and facilitates investment of public and private capital for development, and
• responds to requests for assistance in coordinating development policies and plans of its developing member countries.
Countries in common between ADB
and Eastagri Network
are: Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan, Uzbekistan
Address: 6 ADB Avenue, Mandaluyong City 1550
Postal Code: 1550
Website Address: http://www.adb.org/