OREANDA-NEWS. An Agreement on Cooperation between the SOC Interbank Consortium and the Eurasian Development Bank is prepared and will be signed in the near future. SOC Interbank Cosortium Board Member,Vnesheconombank Chairman Vladimir Dmitriev said about it today.

“By doing this, we formalize efforts in our joint activity in the SOC zone,” said Mr. Dmitriev. According to him, at the moment, projects are still being carried out on a bilateral basis but in the future we need to promote integration with SOC organizations and intensify the Interbank Consortium’s activity in implementing specific projects. He says that 10 bilateral agreements between different SOC banks have been signed in the past year.