Russia's VTB says deal with Chinese bank could finance 12 bln yuan of trade

May 8, 2015 12:33 PM

55 0

MOSCOW May 8 Russia's VTB Bank said a deal it signed with China Development Bank on Friday could finance trade flows between Russia and China worth the equivalent of 12 billion yuan ($1.93 billion).

Russia and China signed a raft of agreements on Friday aimed at deepening economic ties between the two countries as part of talks between Russian President Vladimir Putin and Chinese President Xi Jinping.

Read more

To category page