OREANDA-NEWS. August 21, 2009. In the course of the International Aerospace Salon Max-2009 State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and OJSC Ilyushin Finance Co. (OJSC IFC)entered into an Agreement of Intent.

On behalf of Vnesheconombank the Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev, on behalf of OJSC Ilyushin Finance Co. – by its General Director Alexander Rubtsov.

The Agreement aims to establish partnership and promote long-term, effective and mutually beneficial cooperation.

The parties intend to cooperate in raising funds to finance OJSC IFC’s high-priority investment projects as well as to develop joint sales strategies for Russian-made aircraft, including AN-148-100B aircraft, on the Russian and foreign markets with the use of leasing and export financing mechanisms.