Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
CNN deletes article about meeting between Scaramucci and Russian Direct Investment FundWorld June 24, 13:12
Ukrainian Army units shell Donetsk Republic in first hours of newceasefireWorld June 24, 5:19
Politician says Russia vs Mexico football game will be interesting to watchSport June 23, 21:11
Kyrgyz president sees revival of relations with Russia as major result of his tenureWorld June 23, 20:49
MOSCOW, August 19. /ITAR-TASS/. The European Bank for Reconstruction and Development (EBRD) has quit a project to create a joint investment fund with Russia’s Rosnano state-run nanotechnology company, Rosnano CEO Anatoly Chubais said on Tuesday.
The EBRD has quit the Rosnano project over sanctions imposed by the European Union on Russia, Chubais said.
“It took us two years to prepare a key decision - to establish a direct investment fund jointly with the European Bank for Reconstruction and Development,” Chubais said.
“It was planned that the EBRD’s investments would total over $100 million. Naturally, these plans cannot be implemented in the current situation, which will almost surely affect the final results of attracting private investment,” the Rosnano head said.
Rosnano is currently in talks to substitute the EBRD’s investments, Chubais said.
“Generally speaking, we need to focus on Asian capital markets. I hope, we’ll be able to show some results already this year,” the Rosnano head said.