30 Sep 2013 10:19

VEB, Rosoboronexport to cooperate on arms export projects

MOSCOW. Sept 30 (Interfax) - Vnesheconombank (VEB) has signed an agreement with Russian state arms trader Rosoboronexport on cooperation in implementing export projects in other countries, the state lender said in a statement.

The agreement, signed during the Russia Arms Expo 2013 in Nizhny Tagil, "calls for the development of partnership relations and expansion of effective and mutually beneficial cooperation to support exports of Russian military products and increase their competitiveness on the world market, the bank said.