OREANDA-NEWS. State Corporation 'Bank for Development and Foreign Economic Affairs (Vnesheconombank)' and the Government of the Republic of Khakassia entered into an Agreement on Cooperation.

On behalf of Vnesheconombank the Agreement was signed by Chairman Vladimir Dmitriev and on behalf of the Government of the Republic of Khakassia - by Head of the Republic Victor Zimin.

The Agreement provides for establishing partnership and enhancing long-term and effective cooperation in investment activity.

Under the Agreement the parties intend to cooperate in developing mechanisms for implementing investment projects including those to be carried out on the terms of public private partnership as well as in providing support for small and medium-sized enterprises.

The parties give high priority to projects aimed at developing infrastructure and industry.

This Agreement's implementation would help to address high-priority objectives of the Khakassia Republic's socio-economic development and strengthen its economic and industrial potential.