Moscow, Paris Hope to Sign $100Mln-Investment Deal by Mid-March

© Sputnik / Vladimir Sergeev / Go to the mediabankFlags of Russia, EU, France and coat of arms of Nice on the city's promenade
Flags of Russia, EU, France and coat of arms of Nice on the city's promenade - Sputnik International
Subscribe
Russian Direct Investment Fund (RDIF) and France’s CDC International Capital expect to reach their first deal worth over $108 million in mid-March, RDIF's chief said Monday.

Flags of Russia, the EU and France on the promenade of Nice - Sputnik International
Russia, France Reviewing Investment Projects Worth Over $1Bln
MOSCOW (Sputnik) Earlier in the day, the Russian fund said the two countries were considering more than 10 investment projects totaling over $1.1 billion in sectors such as consumer goods, machinery, food, tourism and retail.

"…We hope to finalize the first deal in the next 1.5 months. Moreover, we have already agreed on the key parameters of the first joint deal," Kirill Dmitriev told reporters on the sidelines of the Russian-French Economic, Financial, Industrial and Trade Council session in Moscow.

The RDIF head added that they sought to use the deal to revive relations with France amid sanctions imposed by the European Union on Russia in 2014 over its alleged interference in Ukraine’s internal affairs.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала