Source Pravda.Ru

Comments: EBRD to make USD 295 million loan for road modernisation in Russian Northwest

The EBRD and the Russian government are due to sign an agreement on a USD 295 million loan for modernizing road networks in the North-West and Far East on July 4. Agreement on this was reached in St. Petersburg today during a meeting between Economic Development Minister German Gref, Transport Minister Sergei Frank and EBRD President Jean Lemierre.

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