Russia's largest automaker AvtoVAZ and the national bank Vneshtorgbank have signed two credit agreements worth EUR15.083m and EUR6.6m, according to Vneshtorgbank PR department. The credits are intended for AvtoVAZ purchasing industrial equipment from Switzerland and Austria. The equipment will be bought by using credits of UBS AG (Switzerland) and Raiffeizen Zentralbank Osterreich AG (Austria). The deal will be backed by Swiss and Austrian export insurance companies.
In August 2003, Vneshtorgbank signed corresponding interbank credit agreements with UBS and Raiffeizen Zentralbank Osterreich envisaging the financing of import contracts of AvtoVAZ within the next 6 years.
Russian Foreign Minister Sergei Lavrov stated that Vladimir Putin and Donald Trump, as well as the military of the two countries, will never let a military confrontation spark, but...
An attack is under way against the truth-seeking social media practising data democracy. What is unacceptable is that the liars accuse the truthseekers of lying
On April 20, Russian Foreign Minister Sergei Lavrov confirmed that Russia could supply air defense systems to Syria