BNP Paribas and Vnesheconombank (Russian ECA) In export credit pact

(Dow Jones, Paris, 16 Nov. 2007) French banking group BNP Paribas and Russia's Vnesheconombank, parent company of the the Eximbank of Russia, have agreed to strengthen their cooperation in export finance through a EUR300 million framework credit agreement. Under the export finance cooperation agreement, the parties will set up a procedure to facilitate financing under for Russian buyers of capital goods and/or services.