OREANDA-NEWS. In the course of the 18th regular meeting of Russia’ and China’s Heads of State in the presence of Russian Prime Minister Dmitry Medvedev and Premier of China’s State Council Li Keqiang Vnesheconombank and the China Development Bank (CDB) signed a credit agreement.

On behalf of Vnesheconombank the agreement was signed by Chairman Vladimir Dmitriev and on behalf of CDB – by President Zheng Zhijie.

Under the agreement Vnesheconombank is to raise credit facilities from CDB worth up to 400 million US dollars to fund the project on the construction of the 3d power unit of the Ekibastuz State District Power Station-2 in the Republic of Kazakhstan.

Vnesheconombank has been funding the project on the construction of the 3d power unit of the Ekibastuz State District Power Station-2 in the Republic of Kazakhstan since June of 2010 for an amount of 12 billion rubles.