OREANDA-NEWS. Vnesheconombank and KfW Bankengruppe signed a Framework Credit Agreement.

Under the document Vnesheconombank is to be provided with credit resources in the total amount of 75 million euros without the Russian Federation Government's sovereign guarantee and without German Euler Hermes's insurance coverage.

The funds attracted are to be used for financing projects aimed at developing the Russian economy and the infrastructure on the territory of the Russian Federation, specifically, under the first project funds will be made available to renovate and expand the passenger terminal in the airport "Khrabrovo" in Kaliningrad.