At the conclusion of the signing ceremony, Ms. Grasso made the following statement:

“This Memorandum of Understanding comes at a very important time, in the wake of the international conferences on Financing for Development in Addis Ababa in July and the Sustainable Development Goals in New York in September, and ahead of the follow-up international conference on climate change in Paris in December. I am very happy that today we are joining forces on advancing the Sustainable Development Goals (SDGs) and strengthening capacity development efforts in order to address global economic challenges in the context of the post-2015 development agenda.

“The EIB is looking forward to reinforcing the joint efforts toward sustainable economic development, financial stability, and inclusive growth. Partnerships are the key to the SDGs’ success and cooperation between IFIs in advancing the post-2015 agenda is critical. This new partnership with the IMF will benefit the membership of the two institutions by promoting synergies and leveraging financial resources for capacity development,” Mr. Fayolle emphasized.

Available at: http://www.einnews.com/pr_news/290557225/imf-and-eib-strengthen-cooperation-on-capacity-development