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On Signing Agreement between Vnesheconombank and China State Development Bank

9 december 2008 года
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State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the China State Development Bank signed a Cooperation Agreement worth 150 million US dollars.

On behalf of Vnesheconombank, the Agreement was signed by Vladimir Dmitriev, Chairman of Vnesheconombank, on behalf of the China State Development Bank – by its Chairman Chen Yuan.

Funds are to be made available for a period of 1 year and will be used to implement Russian enterprises’ export projects.

The signing and further implementation of the Agreement would help promote economic ties between the Russian Federation and the People’s Republic of China.

The China State Development Bank is a state financial institution of the PRC responsible for providing support for major investment projects.

 

Origin: Press Office of Vnesheconombank
Contact person: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mal: press@veb.ru


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