KUALA LUMPUR: Malaysia and Russia expect to sign a memorandum of
understanding (MoU) this September which would enhance economic ties
between the two and see their joint cooperation in supporting the
development of their respective small and medium-sized enterprises
(SMEs).
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/8/29/business/11929599&sec=business
Published: August 29, 2012
A statement issued by the SME Bank (Russia) yesterday, said the MoU would be signed by Russia’s State Corp Bank for Development and Foreign Economic Affairs (Vnesheconombank), SME Bank and Malaysia’s SME Bank during the APEC Business Summit on Sept 7-8 in Vladivostok, Russia.
Under
the MoU, the parties will cooperate in providing informational and
consultative support for SMEs in Malaysia and Russia via the three
banks, as well support import and export activities between the two, and
activities within Russian-Malaysian agreements.
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