Today, on July 17, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the Federal Agency for Tourism entered into an Agreement on Cooperation.
The Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev and the Agency’s Head Vladimir Strzhalkovsky.
The Agreement aims to establish strategic partnership and promote long-term, effective and mutually beneficial cooperation intended for removing infrastractural restrictions in tourism.
Under the Agreement the two sides are to make joint efforts to explore the possibility of implementing investment projects aimed at developing tourism infrastructure on the territory of the Russian Federation.
The Agreement also provides for Vnesheconombank to be able to act as a consultant, expert and organizer of financing investment projects within the framework of the Bank’s Memorandum on Financial Policies with due regard to limitations set by the Memorandum.
The implementation of this Agreement would help create favorable conditions for sustainable development of domestic and international tourism as one of the Russian Federation’s industries.

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