OREANDA-NEWS. Ulyanovsk Automobile Plant, the state corporation "Vnesheconombank", "Bank of the Republic of Belarus" and " Bank BelVEB" on December 8th signed a cooperation agreement aimed at the strengthening and development of bilateral Russian-Belarusian trade and economic cooperation. The subject of the agreement is the establishing of long-term, mutually beneficial partnerships in the field of deliveries of products of the Russian automotive industry to the Republic of Belarus, informed the press service of UAZ. Companies are looking at options for financing the organization and co-financing of the supply of UAZ production projects in the Republic of Belarus, including the possibility of using credit and leasing schemes.

For the Ulyanovsk Automobile Plant the signing of this agreement permits to offer new solutions for the key customers in the Republic of Belarus. With the support of "Vnesheconombank" UAZ for the first time in history will be able to supply its products to large public and private organizations with payment by installments up to 5 years. The proposal will strengthen the position of the brand UAZ in the market of the Republic of Belarus, and to increase significantly the sales in the region.