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The EBRD has been very proactive under the Stability Pact for south-eastern
Europe and leads the international community's efforts on regional private
sector development initiatives. The Bank has focused on enhancing trade flows,
on broadening support for small and medium businesses, on facilitating cross
border investments, as well as on financing several regional infrastructure
projects. The EBRD is also a full member of the Business Advisory Council
under the Stability Pact.
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