Managing State External Financial Assets of the Russian Federation

Annual Report 2013
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# Managing State External Financial Assets of the Russian Federation

Over the reporting period, Vnesheconombank acting as an agent for the Government of the Russian Federation kept records and effected settlements related to debts owed to Russia by 53 debtor-countries under state loans extended by the former USSR and the Russian Federation in accordance with 272 loan agreements.

In 2013, with the participation of Vnesheconombank’s professionals the signing of following documents was ensured:

- 9 trilateral agreements between the Russian Federation Ministry of Finance, Vnesheconombank and Russian organizations on the procedure regulating the provision of budget financing to Russian exporters that supply goods and render services utilizing state credits;
- 7 technical agreements and supplements with designated foreign organizations on technical procedure of bookkeeping/settlements under state credits;

Apart from this, in 2013 the Bank’s professionals participated in negotiating 14 draft intergovernmental documents and draft resolutions and directives of the Russian Federation Government on settlement of debt owed by debtor-countries to the Russian Federation, on extension of new state loans by the Russian Federation and prolongation of the terms of their utilization.

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