EXIMBANK FUNDING RUSSIA'S U.S. OIL. EQUIPMENT BUYS

The U.S. Export-Import Bank has signed a pact with the Russian Federation to provide financing for Russia's purchase of $2 billion of U.S. oil, gas, and petrochemical equipment and services. Eximbank said the accord, capping more than a year of negotiations, will help Russia revitalize oil and gas production and processing facilities and ultimately increase Russian exports and foreign exchange revenues. The World Bank in july is expected to waive certain regulations and allow Russia to

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