OREANDA-NEWS. May 12, 2009. State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” and export insurance agency Nippon Export and Investment Insurance, Japan signed a Memorandum of Understanding.

The Memorandum was signed by Vladimir Dmitriev, Chairman, on behalf of Vnesheconombank and by Hidehiro Konno, Chairman and Chief Executive Officer, on behalf of NEXI.

The aim of Memorandum is support and development of mutually beneficial trade and economic cooperation between Russian Federation and Japan. The Parties intend to work together to facilitate transactions involving supply of Japan goods and services for implementing projects on the territory of the Russian Federation.