OREANDA-NEWS. April 25, 2013. Russian Agricultural Bank (RusAg) and National Dairy Producers Union (SOYUZMOLOKO) signed a Cooperation Agreement. The Agreement is to stipulate implementation of the State Program on Agribusiness Development 2013-2020 in the sphere of milk production and processing.

In the framework of the Cooperation Agreement RusAg will continue lending to dairy producing and processing enterprises with a special focus to be made on investment projects, which implementation will promote development and technical modernization of the industry. SOYUZMOLOKO will contribute to the process by providing consulting services.

Implementation of the Agreement will promote growth in milk production and processing, improve dairy products marketing and create favorable conditions for agriproducers to reach their consumers. These measures are aimed to eventually raise popularity and consumption of national dairy products.