VEB has provided Kazakhstan national fund Samruk with the credit line of $3 bn.

/REUTERS, Moscow, February 5, 09/ - Russian state corporation Vnesheconombank has provided Kazakhstan National Welfare Fund Samruk-Kazyna with the credit line of USD 3 billion for 10 years, the state corporation has informed on Thursday. Corresponding documents were signed off today in Moscow. "Vnesheconombank intends to participate in financing of foreign trade contracts in relation to Kazakhstan-Russia investment projects on the territory of the Republic of Kazakhstan" - the corporation report says. Russia is the main foreign trade partner of Kazakhstan. It is assumed that the credit line of Vnesheconombank allows reducing the pressure on cash outflows in relation to import of Russian products, declared in the report. [2009-02-05]