Today, on August 21, in the course of the International Airspace Salon (MAKS-2007) in the city of Zhukovsky the Bank for Development and Foreign Economic Affairs (Vnesheconombank) and Air Defense Concern Almaz-Antei signed an Agreement on Strategic Cooperation.
The Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev and Air Defense Concern Almaz-Antei General Director Vladislav Menschikov
The Agreement aims to carry out projects to build new specialized assembly production facilities to manufacture air defense armaments and military hardware of new generation.
The State Corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)”is one of the key instruments of the government investment policy. The Bank’s activity is aimed at removing infrastructure growth restrictions, upgrading and developing non-raw materials economy, high-tech industries, encouraging innovations, exports of high-technology products, carrying out projects in the special economic zones, as well as ecological projects, supporting small and medium-sized business.
Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93, Fax: +7 (495) 975-21-34
E-mail: press@veb.ru
The third meeting of the Interbank Consortium Council within the Shanghai Cooperation Organization was held in Bishkek on August 15, 2007. In attendance were heads of the Kazakhstan Development Bank, the China State Development Bank, the Settlement and Savings Company (the Kyrgyz Republic), the State Corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)” (the Russian Federation), the Tajikistan National Bank and the Uzbekistan National Bank for Foreign Economic Affairs.
SCO Secretary General B.K. Nurgaliev participated in the Council’s meeting.
The participants in the meeting were presented with the welcoming address on behalf of Kyrgyz President K.S. Bakiev.
The meeting was chaired by Interbank Consortium Council Chairman, Vnesheconombank Chairman Vladimir Dmitriev. In his introductory address he stressed that partners’ joint efforts gave the Interbank Consortium’s activity a major boost for a relatively short period of time – less than two years. “The Interbank Consortium is becoming an authoritative player in the SCO economic zone, it is instrumental in establishing business and human relations between leading SCO financial institutions,” said Vladimir Dmitriev.
The participants practically discussed issues of the Council’s day-to-day and future activity, above all, multilateral projects of great importance to SCO countries’ economies in such sectors as power engineering, transport infrastructure and advanced technologies.
They also signed “Regulations governing SCO Interbank Consortium member banks’ joint efforts in selecting, examining and implementing investment projects. This document is a significant step in developing appropriate instruments the Interbank Consortium needs to get down to joint practical work.
Interbank Consortium member banks expressed their readiness to use other forms of interbank cooperation too.
Kazakhstan Development Bank Board Director A.B. Sembin was elected next Chairman of the Interbank Consortium Council for 2007-2008.
Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93, Fax: +7 (495) 975-21-34
E-mail: press@veb.ru