Today, on August 21, in the course of the International Airspace Salon (MAKS-2007) in the city of Zhukovsky, the Bank for Development and Foreign Economic Affairs (Vnesheconombank) and the Federal Space Agency (Roscosmos) signed and Agreement on Cooperation.
The Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev and Roscosmos Head Anatoly Perminov.
The Agreement aims to establish strategic partnership and promote long-term cooperation.
The Agreement provides for working together and coordinating efforts aimed at preparing schemes for financing projects carried out with the Federal Space Agency’s participation.
Under the Agreement the Bank will assist the Agency in working out schemes to finance projects and will make their preliminary expert examination as well as provide consulting services and participate in working meetings, business trips and other international events associated with carrying out joint projects.
The Agreement provides for working together and coordinating efforts aimed at implementing the federal target program of supporting the development and use of the global navigation system GLONASS, Russia’s Federal Space Program for 2006-2015, investment projects carried out within these programs, getting obligations fulfilled in international cooperation in space as well as in innovation projects carried out within private-public partnership.
The State Corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)”is one of the key instruments of the government investment policy. The Bank’s activity is aimed at removing infrastructure growth restrictions, upgrading and developing non-raw materials economy, high-tech industries, encouraging innovations, exports of high-technology products, carrying out projects in the special economic zones, as well as ecological projects, supporting small and medium-sized business.
The Federal Space Agency (Roscosmos) is an authorized federal executive agency responsible for enforcing the government policy, regulatory and legal regulations, providing state services and managing state assets in space activities, international cooperation upon carrying out joint space projects and programs. It is also responsible for getting space and missile companies to manufacture missile and space military equipment, combat missile equipment and for coordinating work performed at the Baikonur Space Center.
Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93, Fax: +7 (495) 975-21-34
E-mail: press@veb.ru
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