OREANDA-NEWS. During the official visit of Russian President Vladimir Putin to the People's Republic of China Vnesheconombank and the Export -Import Bank of China (China Eximbank) signed a Facility Agreement for the total amount of USD 500 mln.

On behalf of Vnesheconombank the Document was signed by Chairman Vladimir Dmitriev and on behalf of China Eximbank - by President and Chairman Li Rougu. The document was signed in the presence of Russian President Vladimir Putin and President of the People's Republic of China Xi Jinping.

The Facility Agreement will be utilised for financing investment projects in the Russian Federation.