Vnesheconombank assigned top National Public Procurement Transparency Rating
According to the National Public Procurement Transparency Rating of Government Agencies and Commercial Companies 2016, State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” has been assigned the Guaranteed Transparency Category. Thus, Vnesheconombank has once again proved its status of a top rated state corporation.
A commemorative token has been given to Evgeniy Knyazev, Director of Vnesheconombank’s Procurement Department, during an official ceremony hosted by the Russian Chamber of Trade and Commerce.
The National Public Procurement Transparency Rating is an independent research centre specialising in economic and legal analysis of the Russian market for public, municipal, corporate and private commercial procurement.
The procurers rated comprised public and municipal entities including 70 major federal government agencies, 85 major municipalities and 71 procurers whose activities are subject to Federal Law No. 222-FZ dated 18 July 2011, as well as 117 commercial buyers acting in compliance with their internal regulations. Overall, 426 procurers participate in the rating scheme.
Press Office
E-mail: press@veb.ru
In Minsk, Vnesheconombank, Development Bank of the Republic of Belarus (DBRB), Belvnesheconombank (BelVEB, VEB Group) and Ulyanovsk Automobile Plant (UAZ) signed a cooperation agreement to promote deliveries of Russian motor vehicles to the Republic of Belarus.
For Vnesheconombank, the Agreement was signed by the Senior Vice President for Export Finance and Documentary OperationsDaniilAlgulyan, for DBRB – the First Deputy Chairman of the management Board Tatiana Sosnovskaya, for Belvnesheconombank – by the Deputy Chairman of the Management Board Oleg Korobyin, and for UAZ – by the Director for Exports Andrey Dorofeev.
The parties to the Agreement consider various methods to arrange financing and/or co-financing for deliveries of UAZ vehicles to the Republic of Belarus, in particular, credit and leasing facilities.
The Agreement is designed to encourage and promote bilateral trade and economic cooperation between Russia and Belarus and expand exports of the Russian carmaker.
To quote DaniilAlgulyan: “In recent years, the export potential of Russian manufacturers has significantly increased. Russian exporters tap into new product ranges and acquire experience of operating abroad. Decline in the ruble has also contributed to the competitive price advantage of domestic products. Our objective is to support Russian exporters and facilitate foreign market access for Russian goods”.
Press Office
E-mail: press@veb.ru