On August 8, 2017, in Moscow, the Russia-China Regional Development Investment Fund Parent Company (RDIF) and Rusatom Overseas (Rosatom´s subsidiary) signed the Memorandum of Understanding.
The document was signed by Evgeny Parkermanov, President of Rusatom Overseas, and by Wang Feng, Chairman of RDIF.
The signing took place in the presence of Sergey Glazyev, Regional Economic Integration Advisor to the President Putin, and Kirill Komarov, 1st Deputy Director General for Corporate Development and International Business of Rosatom.
The Memorandum is aimed at mutually beneficial cooperation on the development and financial support of joint nuclear activities, in particular, the partnership in construction of Russian-design NPPs in 3rd countries, production and processing of mineral raw materials for Russian nuclear industry, and other innovative developments.
«Russia and China are fast-growing markets with broad investment opportunities. Establishment of the Fund brings trade and economic relations between the 2 countries on a brand new level. The decision to open Russia to Chinese investors proved its worth for Russian economy,» said Wang Feng, Chairman of RDIF.
The Russia-China Regional Development Investment Fund (RDIF) was established in 2017 to develop and broaden trade and economic partnership between the 2 countries.
RDIF, along with leading world investors, makes direct investments into leading and perspective Russian companies. RDIF Parent Company is registered in Moscow.
To read an article in Russian.