OREANDA-NEWS. On 20 August 2009 was announced, that Russia's Rosselkhozbank has pulled out of talks on providing state-subsidized loans to Russian importers of Belarusian farming equipment, Andrei Kuznetsov, economic adviser at the Russian embassy in Belarus, told.

He said the bank had refused to provide such loans as the Russian government did not intend to subsidize them.

Meanwhile, Russia's Sberbank is still in talks on lending to Russian importers of Belarusian tractors and agricultural equipment, he said.

The Belarusian government may subsidize two thirds of loan interest rates provided by Sberbank, Kuznetsov said.