OREANDA-NEWS. June 24, 2009. State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’, Mizuho Corporate Bank Ltd. and ZAO Mizuho Corporate Bank (Moscow) entered into a Framework Cooperation Agreement.

On behalf of Vnesheconombank the Agreement was signed by Mr. Petr Fradkov, Management Board Member – Vnesheconombank Deputy Chairman, on behalf of Mizuho Corporate Bank Ltd. – by Mr. Shinya Wako, Managing Executive Officer, Head of Europe, Middle East and Africa, on behalf of ZAO Mizuho Corporate Bank (Moscow) – by Mr. Hiroshi Takahashi, President, ZAO Mizuho Corporate Bank (Moscow).

Under the Agreement the financial institutions are planning to promote cooperation in supporting exports, implementing investment projects in the Russian Federation that provide for the availability of Japanese exports.

The Agreement also provides for cooperation in trade and structural financing and in supporting Mizuho Corporate Bank’s customers interested in establishing enterprises and participating in projects implemented on the territory of the Russian Federation.