OREANDA-NEWS. December 23, 2008.   Management Board Member – Deputy Chairman of State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ Anatoly Ballo participated on December 11-12, 2008 in Tokyo in talks with representatives of the Government of the Republic of Tatarstan and Mitsubishi Heavy Industries Ltd, Sojits Corporation Ltd and OJSC Ammonii over implementing the nitrogen fertilizer manufacturing complex construction project in Mendeleevsk (the Republic of Tatarstan).

In the course of talks between Japanese Mitsubishi Heavy Industries Ltd, Sojits Corporation Ltd and OJSC Ammonii a document was signed, which specifies basic provisions and terms of contracts scheduled to be signed in April 2009.

The Minutes of the meeting were also written up, in which the parties reaffirmed their intention to get the said contracts to come into force and agreed upon further action needed to implement the project. The Minutes were signed by Prime Minister of the Republic of Tatarstan Rustam Minnikhanov, Management Board Member - Vnesheconombank Deputy Chairman Anatoly Ballo, Mitsubishi Heavy Industries Ltd Director and Executive Vice-President Shunichi Miyanaga and OJSC Ammonii Board Director Renat Khanbikov.