Vnesheconombank and the Export-Import Bank of China Sign Framework Agreement

(Vnesheconombank, Moscow, 22 October 2013) In the course of the 18th regular meeting of the Heads of State in the presence of Russian Prime Minister Dmitry Medvedev and Premier of China’s State Council Li Keqiang, Vnesheconombank signed a framework agreement with the Export-Import Bank of China on opening a credit line worth 700 million US dollars. The agreement provides for extending credit facilities to Vnesheconombank to fund projects to be implemented on Russia’s territory in partnership with Chinese companies.