OREANDA-NEWS. In the course of the Petersburg International Economic Forum State Corporation 'Bank for Development and Foreign Economic Affairs (Vnesheconombank)' and the Government of the Saratov region entered into an Agreement on Cooperation.

On behalf of Vnesheconombankthe Agreement was signed by Chairman Vladimir Dmitriev and on behalf of the Saratov region Government - by Governor Valery Radaev.

The parties agreed to develop strategic partnership and long-term and efficient cooperation in the investment activity.

The Bank and the region's Government intend to cooperate in forming investment projects including those implemented on public private partnership terms as well as work out different options to fund them, cooperate in preparing project evaluations ad participate in organizing financial support for small and medium-sized enterprises.

This Agreement's implementation would help to address top-priority issues of the region's socio-economic development and enhance its economic and industrial potential.