OREANDA-NEWS. November 23, 2009. Russian Agricultural Bank and the Government of Tula Region signed Cooperation Agreement on Implementation of the Federal Program on Agribusiness Development 2008-2012, reported the press-centre of RusAg.

In the framework of the Cooperation Agreement the Parties will ensure credit availability for the development of agribusiness enterprises, personal household plots, farms, for improvement of living standards in the rural areas, for construction, modernization and refurbishment of production facilities, and for purchase of agribusiness equipment and machinery.

A special focus will be given to the development of land mortgage lending system in Tula Region and facilitation of consumer lending aimed at improvement of living standards in the region.