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Law ratifying the Agreement between the Government of the Russian Federation and the International Investment Bank on the terms of the bank’s operation in Russia

February 4, 2021

Vladimir Putin signed the Federal Law On Ratifying the Agreement between the Government of the Russian Federation and the International Investment Bank on the Terms of Operation of the Bank on the Territory of the Russian Federation.

The agreement was signed in Moscow on February 11, 2020.

The agreement is aimed at developing cooperation between the parties. To ensure favourable conditions for the operation of the International Investment Bank (IIB), its subsidiaries and offices in the Russian Federation, the agreement provides for the opening of a full-scale IIB branch in Moscow.

February 4, 2021