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Mentor 4 CA |
MOU signed between
the GOI and AFDB for hosting the Bank’s Annual Meetings at Ahmedabad
India will be hosting the next
Annual Meetings of the African Development Bank (AfDB) Group at Mahatma Gandhi
Convention Centre, Ahmedabad from May 22 to May 26, 2017.
This will be a mega international
event to be attended by more than 5000 delegates from 80 member countries of
the African Development Bank including the Governors, Alternate Governors,
Executive Directors, policy makers and businesses.
A high level preparatory mission
of AFDB, led by Ms NNENNA NWABUFO, Chairperson and Permanent Committee for
Annual Meetings arrived in India on 6th September to visit and assess
infrastructure and other facilities available at Ahmedabad and New Delhi.
The Secretary General of AfDB, Mr
Vincent O. Nmehielle accompanied the delegation. The delegation met senior
officers at Ahmedabad and at Dept of Economic Affairs, Ministry of Finance, New
Delhi.
A MoU was signed between GOI and
AFDB today regarding the holding of the Annual Meetings. The MoU outlines the roles of Govt of India
and AFDB.
The signatories to the MoU were
Ms. Bandana Preyashi, Deputy Secretary (ADB-II/AfDB), Department of Economic
Affairs(DEA), Ministry of Finance on behalf of the Government of of India and
Mr Vincent O. Nmehielle, Secretary General of AfDB on behalf of the African
Development Bank Group (AfDB).
The African Development Bank
(AfDB) was established in 1963 with a view to promote the Economic Development
and social progress of its regional members. India became member of the African
Development Bank (AfDB) in 1983. The
Union Finance Minister and Secretary, Department of Economic Affairs (DEA),
Ministry of Finance are the Governor and Alternate Governor of the Bank
respectively.