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conclude cooperation agreements with public or private institutions or institutions. 2. The spouses and immediate creditors of such directors, deputy directors, senior managers, employees and experts of the Bank, established in the country where the Bank`s head office is situated, shall have the opportunity to commence work in that country. As far as possible, the spouses and direct dependants of such directors, deputy directors, senior managers, employees and experts of the Bank established in a country where a branch or branch of the Bank is located should be given a similar opportunity in that country, to the extent possible, in accordance with the national legislation of that country. The Bank shall negotiate with the country where the Bank`s head office is located and, where appropriate, with the other countries concerned, specific agreements for the implementation of this paragraph. The EBRD was created in April 1991, when the Soviet Union was dissolved, by representatives of 40 nations from 3 continents and two European institutions, the European Investment Bank (EIB) and the European Economic Community (EEC, now European Union – EU), after reaching agreement on the Statute, size and distribution of the Bank`s powers among shareholders. [3] In the event of a disagreement between the Bank and a member who is no longer a member, or between the Bank and a member after the adoption of a decision terminating the Bank`s activities, such disagreement shall be submitted to an arbitral tribunal by an arbitral tribunal composed of three (3) arbitrators, one of whom shall be appointed by the Bank, another by the member or former member concerned and the third, unless otherwise agreed by the parties, by the President of the International Court of Justice or by any other authority required by regulations adopted by the Board of Governors. The majority of arbitrators are content to make a final decision that is binding on the parties. The third arbitrator has full authority to settle all procedural issues in all cases where the parties disagree. 2. Special funds accepted by the Bank may be used in any manner and under all conditions which correspond to the object and tasks of the Bank, the other applicable provisions of this Agreement and the agreement or arrangements relating to such funds.

Any Governor who does not participate in the elections or whose vote does not contribute to the election of a Director in accordance with Section A or Section B(i), or Section B(ii) or Section B(iii) of this Annex may allocate the votes due to him to an elected Director; provided that this governor has first obtained the agreement of all the governors who have elected this director for this mission. 3. The Bank shall adopt the rules and rules necessary for the establishment, management and use of each special fund. Such rules and rules shall be in accordance with the provisions of this Agreement, with the exception of those provisions which expressly apply only to the normal activities of the bank. using special funds in accordance with the agreements that determine their use; CONVINCED that the establishment of a multilateral financial institution, largely international in its fundamental nature, would contribute to the achievement of these objectives and to the creation of a new and unique structure of cooperation in Europe, since its creation, the EBRD has achieved €144.3 billion. € in the financing of projects for banks, industries and enterprises, both in new projects and in existing companies, and continues to attach particular importance to investments related to “transitional effects”, which measures the impact of a project on the progress of a country`s transition to a mature market-based economy. . . .