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Russia to set up joint investment funds with Vietnam, Brunei — minister

The Russian Direct Investment Fund presents the Russian side while sovereign funds of certain ASEAN states will present our partners, says Economic Development Minister Aleksey Ulyukayev

Russian Economic Development Minister Aleksey Ulyukayev Mikhail Japaridze/TASS

Russian Economic Development Minister Aleksey Ulyukayev

© Mikhail Japaridze/TASS

SOCHI, May 20. /TASS/. Russia is planning to set up joint investment funds with participation of the Russian Direct Investment Fund (RDIF) with certain ASEAN member-states, particularly with Vietnam and Brunei, Economic Development Minister Aleksey Ulyukayev said Friday.

"We’ve reached agreements on creation of joint investment funds. The Russian Direct Investment Fund presents the Russian side while sovereign funds of certain ASEAN states will present our partners," he said, adding that "agreements with Vietnam and Brunei and probably some other countries are being prepared."

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