01:08Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev announced the creation of a new investment fund worth $10 billion (€8.81 billion) following talks between Russian and Chinese leaders, in Moscow on Tuesday.
"A number of important agreements were signed today, including the creation of a very large fund in CNY, the equivalent of 10 billion US dollars" said the CEO. "This is extremely important because it will make it easier for many Chinese investors to invest in Russia, in a variety of infrastructure projects, logistics and energy."
The signing of various trade agreements between Russia and China was followed by a joint press-conference with Chinese President Xi Jinping and Russian President Vladimir Putin. Xi is in Moscow on a two-day visit.
Russia: China and Russia sign $10bn investment fund deal
Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev announced the creation of a new investment fund worth $10 billion (€8.81 billion) following talks between Russian and Chinese leaders, in Moscow on Tuesday.
"A number of important agreements were signed today, including the creation of a very large fund in CNY, the equivalent of 10 billion US dollars" said the CEO. "This is extremely important because it will make it easier for many Chinese investors to invest in Russia, in a variety of infrastructure projects, logistics and energy."
The signing of various trade agreements between Russia and China was followed by a joint press-conference with Chinese President Xi Jinping and Russian President Vladimir Putin. Xi is in Moscow on a two-day visit.
Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev announced the creation of a new investment fund worth $10 billion (€8.81 billion) following talks between Russian and Chinese leaders, in Moscow on Tuesday.
"A number of important agreements were signed today, including the creation of a very large fund in CNY, the equivalent of 10 billion US dollars" said the CEO. "This is extremely important because it will make it easier for many Chinese investors to invest in Russia, in a variety of infrastructure projects, logistics and energy."
The signing of various trade agreements between Russia and China was followed by a joint press-conference with Chinese President Xi Jinping and Russian President Vladimir Putin. Xi is in Moscow on a two-day visit.