Source Pravda.Ru

Russia and China sign two agreements in banking sector

Two agreements concerning the banking sector have been signed today duringtoday's visit of Russian Prime Minister Mikhail Kasyanov to China. Thefirst document was signed between the Russian Central Bank and the People'sBank of China on interbank payments in border districts. The agreementenvisages the possibility of making payments in national currencies of thetwo countries effective the first quarter of 2003, Viktor Melnikov, deputychairman of the Central Bank told journalists. However, these payments willbe made after the Central Bank and People's Bank of China elaborate oncorresponding mechanisms, he specified.The second agreement concerns an export credit of the Chinese Industrialand Trade bank to Vneshtorgbank. Andrey Kostin, president of Vneshtorgbank,was quoted as saying to journalists that this agreement envisaged theopening of a $200m credit line to finance Chinese high technologicalequipment exports to Russia. The minimal sum of the credit is $500,000 witha 10-year maturity period..

Comments
Americans force Russia to create weapons even more powerful than S-500
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Atmosphere above Russia contaminated with radioactive substance
Russian general says allegations of his involvement in MH17 crash are stupid
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Russia unveils the date for the launch of the superbridge to Crimea
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Russia on the eve of another Crimea referendum
Russia to install laser navigation system on the Moon
USA looking for reason to see nuclear weapons in action
Russia to build its own terminals in Egyptian airports
Putin prepares bitter and hysterical missile surprise to 'American partners'
Darwin and the Capital
Darwin and the Capital
Russian general says allegations of his involvement in MH17 crash are stupid
Russian general says allegations of his involvement in MH17 crash are stupid
IOC bars Russian athletes, excludes Russian national anthem and flag from Winter Olympics 2018