OREANDA-NEWS.   At St. Petersburg International Economic Forum a Cooperation Agreement between Special Economic Zones, OJSC (SEZ, OJSC) and the Bank of Moscow was signed. The agreement was signed by the President, the Chairman of the Board of the Bank of Moscow — Mikhail Kuzovlev and the General Director of SEZ, OJSC — Vadim Tretyakov.

The Agreement sets out a framework of cooperation, aimed to creation of conditions for the development and management of special economic zones in the Russian Federation. Of 28 SEZ, managed by SEZ MC, 6 are specialized in industrial development, 5 — in innovation, 14 — in tourist and recreational business development, 3 — in the development of logistics and transportation units. Each SEZ is endowed by the state with a special legal status, which gives a number of tax benefits and customs privileges to investors, as well as guarantees access to engineering, transport and business infrastructure.

To achieve these goals the Agreement provides, in particular, the development of banking infrastructure and introduction of modern banking technologies, ensuring reliable and sustainable operation of life support systems and public utilities within these special economic zones; organization of effective crediting of SEZ residents, including mortgage lending; creation of conditions for the implementation of activities for state and municipal orders placement in order to increase the abilities of SEZ residents to participate in public procurement; development and implementation of investment projects; attraction of Russian and foreign private investments to special economic zones.