I Funding Agreement for economic advice between 1" of January 2014 to 31 December 2014 between the National Bank of Kazakhstan and the International Peace Institute Economic advice provided by IPI and its advisors will focus on the following areas: i. Establishing and maintaining a suitable exchange rate regime in the face of likely financial instability and exchange rate fluctuation in Russia. ii. Efficiently deploying rapidly growing reserves to maximize financial and political advantages. This poses a particularly challenging problem in a world where returns on industrial country bonds are low and likely to remain low for a protracted period. iii. Maintaining a multi-vector approach to international economic policy in a world where Russian truculence is increasing, America may be turning inwards, and China is becoming increasingly assertive. iv. Assuring full participation in all aspects of the global economic system while maintaining involvement in the Eurasian Union. v. Remaining attractive as a target for foreign investment in the face of regional political instability. Request for Funding In this context, the International Peace Institute seeks support from the National Bank of Kazakhstan, in order to finance the consultation and advice for the focus areas mentioned above, in the amount of USD 400,000. IPI proposes the following provisions to this Agreement: Article I Disbursement The contribution shall be given upon the entry into force of this Agreement or as may be agreed between the National Bank of Kazakhstan and the International Peace Institute. For purposes of receiving donor contributions by wire, the International Peace Institute uses the following bank account: EFTA00587876