DataLife Engine / Mongolia asks Russia to grant $1,6bn loan for unknown purpose

Mongolia asks Russia to grant $1,6bn loan for unknown purpose

“Because of the absence of information on the Mongolian part about the purpose of the requested loan and its financial parameters acceptable to the Mongolian party, the Russian party has no possibility to examine the partners’ request”, – as it was stated in the protocol.

In addition, Mongolia asked the Russian state-owned VTB Bank to provide a loan of $200 million for the purpose to conduct long-term purchases of Russian oil products.

27-12-2016, 17:29
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