ANNOUNCEMENT 12 Aug 2021
In August 2021, Russian state development bank announced trade finance deal benefiting the local manufacturers of mining equipment.
NUMBER OF INTERVENTIONS
Press-release of the VEB.RF state development bank of Russia dated 12 August 2021, https://xn--90ab5f.xn--p1ai/proyekty/postavka-rossiyskogo-vysokotekhnologichnogo-oborudovaniya-v-uzbekistan/
Background (financed equipment etc.) from Sputnik Uzbekistan: https://uz.sputniknews.ru/20201110/VEB-profinansiruet-modernizatsiyu-Almalykskogo-GMK-15374987.html
On 12 August 2021, Russian state development bank announced trade finance deal benefiting the local manufacturers of mining equipment. VEB.RF said it will send the Uzbek Almalyk Mining Combine up to 1.8 billion rubles (USD 23 million) to finance the purchases of the Russian mining equipment.
VEB. RF told the Uzbek media the financing would support the purchase of drilling rigs, mixing and charging machines, traversers and collectors and other equipment produced by the Russian enterprises Gornaya Technika (Mining Equipment), Nipigormash and Elektromash.