OREANDA-NEWS. January 4, 2013. Dmitry Patrushev, Chairman of the Management Board of Russian Agricultural Bank, and Dmitry Kobylkin, Governor of the Yamalo-Nenets autonomous region, have signed a Cooperation agreement. The agreement is aimed at implementation of the State program on agribusiness development and market regulation for agricultural products, raw materials and foodstuffs 2013 — 2020.

Within the framework of the agreement Russian Agricultural Bank (RusAg) plans to increase lending to the agriculture of the Yamalo-Nenets autonomous region including by way of extending investment loans for the development and modernization of the priority subsectors as well as for the upgrade of machinery and technology of the regional agribusiness.

The signed agreement will contribute to the efficient development of the regional agriculture being both a sphere of economy and traditional activity of the northern nations.