OREANDA-NEWS. On February 28, in the course of Russian Prime Minister Mikhail Fradkov’s visit to Japan Vnesheconombank, the Japan Bank for International Cooperation (JBIC) and Sumitomo Banking Corporation (SMBC) signed a package of agreements on attracting credit resources worth 228 million US dollars to finance the project aimed at constructing and commissioning the Sheremetyevo-3 Air Terminal.

The credit agreements provide for financing Vnesheconombank for a period of 13 years against the guarantee of the Japan Bank for International Cooperation (JBIC) and the insurance coverage of the Nippon Export and Investment Insurance – NEXI.

The agreements were made to build upon the Credit Agreement signed earlier between Vnesheconombank and OJSC Terminal “On Extending Borrowed Funds worth 211 million US Dollars to carry out the Sheremetyevo-3 Air Terminal Construction Project”.