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Agreement on China’s loan for Krasnoselskstroimaterialy to be signed in March

17 March 2009

A loan agreement with China Exim Bank on a consumer loan to finance purchasing of the equipment for Krasnoselskstroimaterialy is to be signed in March, First Deputy Minister of Architecture and Construction of Belarus Mikhail Abramchuk told reporters in Minsk on March 17.

“The work is nearing completion. I think the agreement will be signed shortly,” Mikhail Abramchuk said.

He also informed that an agreement on a loan for Krichevtsementnoshifer will be signed soon too.

In accordance with Resolution No. 224 of the Council of Ministers, Ambassador Extraordinary and Plenipotentiary of the republic of Belarus to China Anatoly Tozik has been authorized to hold negotiations with China Exim Bank on a $142.46mn loan to finance purchasing of the equipment for Krasnoselskstroimaterialy.

BelTA

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