JBIC teams up with RDIF

JBIC partners with RDIF to establish $1 billion RJIF.

Japan Bank for International Cooperation (JBIC) has signed a memorandum of understanding with the Russian Direct Investment Fund (RDIF) to establish $1 billion Russia-Japan Investment Fund (RJIF).

JBIC and RDIF will each commit $500 million to RJIF which aims to facilitate investment and economic connection between Japan and Russia.

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