Source Pravda.Ru

International Finance Corporation Will Be More Active In Russia

The International Finance Corporation (IFC), a division of the World Bank engaged in support of private business in Russia, is going to boost its activities in the Russian Federation, according to Russian Deputy Prime Minister Viktor Khristenko who met Thursday with the IFC managing director Peter Woicke. Khristenko said that they had discussed the results of the IFC delegation's 10-day visit to Russian regions. Woicke visited a number of facilities in St Petersburg, Nizhny Novgorod (Central Russia), Krasnoyarsk (Siberia), showing interest in all spheres of the Russian economy - from coal and oil to food and processing industries. In addition, the IFC managing director had several meetings with Russian banks' top managers. "Russia is of main priority for the IFC, and they plan to increase their presence in Russia, both financial and organizational," Khristenko said. He also mentioned that during Woicke's Russia trip the IFC had struck deals with two Russian banks concerning small and medium business crediting. Khristenko also said that they had discussed support for a number of IFC projects in Russia, which are already being realized with foreign investors participating - in particular, assembly of Ford Focus in St Petersburg and the work of the IKEA store in Moscow. Currently the parties are discussing manufacturing of separate units for Ford Focus and basic parts of IKEA furniture at Russian factories.

Comments
Eighteen tons of gold leave USA in 2018
What do foreign fans say about Russia during 2018 FIFA World Cup?
Trump-Kim honeymoon in Singapore may open McDonald's in Pyongyang
Euro-Islam: New religion to break migrants in EU
Euro-Islam: New religion to break migrants in EU
Mysteries of history: Greek fire, Damascus steel and beam weapon
Mysteries of history: Greek fire, Damascus steel and beam weapon
Careful with Iceland!!
Taxi cab rams into pedestrians in Moscow
Experts name reasons that led to the crash of the An-148 near Moscow
"Lend a Hand" - Kit to promote the inclusion of migrant and refugee children in schools
Austria shows its 'ugly face' to Islam?
The West persistently pesters former USSR with regime changes and revolutions
Trump officially starts trade war with China
Bombing of Yugoslavia killed Russia's relations with the West
Putin's interview for Austrian television: Tough answers to most provocative questions
The West persistently pesters former USSR with regime changes and revolutions
Most Russians treat Day of Russia as unimportant holiday
Yemen: 200,000 cholera cases
Russian banks to suffer from major problems during upcoming 5 years
The West persistently pesters former USSR with regime changes and revolutions