OREANDA-NEWS. December 03, 2009. VTB Bank and Export-Import Bank of Thailand have signed a Documentary Operations Agreement. The document was signed in Bangkok, at the 4th session of the Joint Commission on Bilateral Cooperation between the Kingdom of Thailand and the Russian Federation, reported the press-centre of VTB.

The agreement is expected to promote Thai-Russian trade and investment between the Russian Federation and the Kingdom of Thailand, and to improve interbank cooperation between VTB Bank and EXIM Thailand.

Under the agreement, both credit institutions will enjoy the best conditions in carrying out all kinds of documentary operations.

For reference:
Export-Import Bank of Thailand is a national bank of Thailand, which specializes in servicing foreign trade. Its main activities include promotion and support to Thai trade import-export and foreign investment operations to consolidate and develop the national economy.