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2009 March 31   09:37

Transport Ministry suggests using state guarantee mechanism for purchases of rolling stock

Minister of Transport Igor Levitin has informed Moscow journalists, that the Transport Ministry suggests using the State’s Guarantee mechanism for rolling stock purchases, in order to raise the interest of the Banks in crediting purchases of rolling stock, RZD-Partner reports.

The State Guarantee conditions are: repayment in up to 3 years at the rate of not more than 19% annually. 

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