Vnesheconombank and the Central American bank for economic integration (CABEI) agree to cooperate in project activity

17 july 2013 года
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In the course of the International Conference “Sustainable Growth through Long-Term Investments” State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’and the Central American Bank for Economic Integration signed a Memorandum of Understanding.

On behalf of Vnesheconombank the Memorandum was signed by Chairman Vladimir Dmitriev and on behalf of CABEI – by Executive President Dr. Nick Rischbieth.

Under the Memorandum the parties agreed to explore the possibility of cooperation in implementing investment projects. They will give top priority to projects aimed at developing social economic infrastructure including transport and power engineering, projects in environmental protection (including mitigating climate change consequences). The parties also agreed to consider the possibility of their participation in funding programs aimed at supporting small and medium-sized enterprises in Russia and founder countries of the Central American Bank for Economic Integration as well as to share experience and information on the financial institutions’ activities.

The Memorandum aims to establish long-term partnership in project and trade financing. The parties intend to focus on their joint participation in implementing foreign economic projects aimed at providing the state’s support for industrial exports.

The Central American Bank for Economic Integration (CABEI) was founded in 1960 as an international legal entity to promote the integration and development of its founder countries: Guatemala, Honduras, Salvador, Nicaragua, and Costa-Rica. Later on, other countries joined them and not only the countries of this region but also those that were interested in their constant presence in the region. The Bank is headquartered in the city of Tegucigalpa, Honduras.

The Bank promotes economic integration, economic and social development of Central American countries.

 

Press Office of Vnesheconombank
Phone: +7 (499) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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Vnesheconombank and the Sverdlovsk Region Administration Intend to Create a Network of Engineering Centers

11 july 2013 года
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In the course of the INNOPROM-2013 International Industrial Fair in the city of Yekaterinburg, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the Sverdlovsk region Administration entered into an Agreement on Cooperation.

On behalf of Vnesheconombank the Agreement was signed by Deputy Chairman Anatoly Ballo and on behalf of the Sverdlovsk region Administration – by Governor Evgeny Kuivashev.

The Agreement provides for promoting long-term cooperation in implementing investment projects and programs in the innovation and high-technology sector on the region’s territory and it would also help to create a network of technological centers that have a range of required resources.

The creation of new competitive business-structures in the form of engineering centers on the Sverdlovsk region’s territory would make it possible to deeper concentrate on developing new high-technology products in the top-priority sectors of the Russian economy as well as create new jobs.

As part of the Agreement the parties agreed to assist in preparing and funding investment projects and programs in establishing and developing engineering centers.

 

Press Office of Vnesheconombank
Phone: +7 (499) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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