Putin calls to ensure independence of defense developments from foreign componentsMilitary & Defense September 19, 15:07
Russia's advanced Sukhoi Su-35S fighter put into operationMilitary & Defense September 19, 14:42
Siberian researchers design key details for Large Hadron ColliderScience & Space September 19, 14:37
Saakashvili vows to take ‘people’s demands’ to Kiev's authorities on October 17World September 19, 13:57
Russia and Paraguay ink cooperation deal on peaceful uses of atomic energyBusiness & Economy September 19, 13:27
Western Military District refutes rumors of journalists hit at Zapad-2017 exerciseMilitary & Defense September 19, 13:05
Press review: Rosneft’s pipeline plans in Iraqi Kurdistan and defense spending cuts likelyPress Review September 19, 13:00
Russia meets all international commitments, including INF Treaty — KremlinRussian Politics & Diplomacy September 19, 12:55
Monument to inventor of world-renowned Kalashnikov rifle unveiled in MoscowSociety & Culture September 19, 12:49
VLADIVOSTOK, September 3. / TASS/ Japan Bank for International Cooperation (JBIC) will provide a credit line for infrastructure development of ports of Nakhodka and Vostochniy in the amount of $700-800 mln, said Tadashi Maeda, Senior Managing Director at the Japan Bank for International Cooperation (JBIC) who spoke with TASS at the Eastern Economic Forum.
"This is not an investment project, this is a loan, a series of loans through the credit line we have with four major banks in Russia - VTB, VEB, Gazprombank and Sberbank," he said. "This is not a large sum, $700-800 mln," Maeda added. According to him, the decision on the credit line for the Vostochniy port has already been made, while the Nakhodka port loan is still under discussion.
Maeda also said that Japan is making its decision based on the fact that the quality infrastructure will be used over the years. In addition, he said that "there will not be any direct influence" by the weakening ruble on the implementation of investment projects by Russia's foreign partners. "The exchange rate is constantly changing," said Maeda.