GTR Magazine
[ Skip to content ]
[ Skip to navigation ]
  • Vnesheconombank to work with Chinese banks

Russia’s Bank for Development and Foreign Economic Affairs (Vnesheconombank/VEB) has signed key agreements with China’s state Development Bank and China’s Export-Import Bank.

The agreements were finalised during an official visit of the Chinese premier Wen Jiabao to Russia.

VEB and China Ex-Im entered into an agreement on cooperation, signed by management board member, Vnesheconombank deputy chairman Petr Fradkov and China Export-Import Bank chairman and president Li Ruogu, with the aim of promoting long-term cooperation between the two institutions in trade and project financing and syndicated credits among other areas.

The agreement reached with the China State Development Bank was a framework for joint financing of investment projects. This was signed by VEB’s chairman Vladimir Dmitriev and China State Development Bank’s supervisory board chairman Yao Junmin.

Priority investments under the framework include power engineering, housing, aircraft construction, shipbuilding, transport and timber processing.

Last Edited: October 30, 2008 | Send to Friend
 
*
*
*
*
 

Thank you, your message has been sent.

Close

GTR Subscriptions

Subscribe online now for GTR

EMEA

emeafinance, the complete information source for the finance industry in the EMEA region.

Singapore

Singapore - October 5-6, 2010

2nd Annual Asia Trade & Export Finance Conference

United Kingdom

London - November 3-4, 2010

2nd Annual West Africa Trade & Commodity Finance Conference

Egypt

Cairo - November 10-11, 2010

3rd Annual North Africa Trade & Investment Conference

Sweden

Gothenburg - November 18, 2010

3rd Annual Nordic Region Trade & Export Finance Forum

United Arab Emirates

Dubai - February 15-16, 2011

8th Annual Middle East Trade & Export Finance Conference

 
#2 #3 #4 #5 #6 #7 #8 #9 #10 #11 #12 #13 #14 #15 #16 #17 #18 #19 #20