OREANDA-NEWS. September 02, 2013. Dmitry Patrushev, Chairman of the Board and CEO of Russian Agricultural Bank, paid a working visit to the Chechen Republic and held a meeting with the Head of the region Ramzan Kadyrov.

In the framework of the meeting the participants discussed bilateral cooperation, including financing by Russian Agricultural Bank of new investment projects aimed to promote comprehensive development of the regional economy. The parties also touched upon mortgage lending and financial support of small and medium business.

In the course of the visit Dmitry Patrushev and Ramzan Kadyrov signed a Cooperation Agreement on implementation of the State Program on Agribusiness Development and Market Regulation for Agricultural Products, Raw Materials and Foodstuffs 2013-2020. The document will promote an increase in availability of financial resources for regional agricultural producers, investments in priority projects and agribusiness, and higher employment among rural population.

"The Chechen Republic is one of the key and long-standing partners of Russian Agricultural Bank. I firmly believe that the cooperation between the Bank and Government of Chechnya is a strategic endeavor to promote modernization of the agribusiness infrastructure, enhance food security of the state and raise living standards of the local population ", Dmitry Patrushev noted.