Rally dedicated to Fidel Castro ends in Santiago de CubaWorld December 04, 6:43
Raul Castro says no streets will be named after FidelWorld December 04, 5:38
Cuban TV host says Fidel Castro admired Russian peopleWorld December 04, 5:17
Voting gets underway in Uzbekistan to elect new presidentWorld December 04, 4:41
Mass rally in memory of Fidel Castro begins in Santiago de CubaWorld December 04, 3:32
Patriarch Kirill urges compatriots to cherish spiritual ties with homelandSociety & Culture December 04, 2:40
Fidel Castro’s funeral to be held in Santiago de CubaWorld December 04, 1:50
38 ceasefire violations by militants reported in Syria in 24 hoursRussian Politics & Diplomacy December 04, 1:23
Boxer Gassiev beats Lebedev to become IBF cruiserweight world champSport December 04, 0:47
MOSCOW, March 21. /TASS/. Asian Infrastructure Investment Bank (AIIB) will hold a presentation of its possibilities for Russian companies, Russia’s Deputy Economic Development Minister Stanislav Voskresensky said Monday.
"Within the nearest months the bank will come here on road-show mission to tell Russian companies how to work with the bank and how to receive financing through it," he said.
According to Voskresensky, AIIB is seeking for projects with a particular focus on transport, energy and water sectors. "But AIIB admits bids for all projects now. The issue is about granting financing by AIIB in the amount of around $100-150 mln," he said.
Deputy Minister also said a working group has been set up jointly with the Finance Ministry to promote projects with this financial organization.
The idea of setting up the AIIB comes from China; the first memorandum on this project was signed in October 2014 in Beijing. The bank was launched on January 16, 2016. The authorized capital of the financial institution amounts to $100 billion, the initial share capital is $50 billion.