In the course of the Council for Foreign Economic Activity (FEA) under the Russian Economic Development Ministry meeting, Vnesheconombank and the Russian Economic Development Ministry signed an agreement on cooperating in foreign economic activity. The parties agreed upon main lines of cooperation in foreign economic activity as well as identified mechanisms for making joint efforts designed to expand the export of Russian products, works, services and technologies. The agreement is designed to consolidate efforts by the Bank and the Ministry to assist Russian companies on the part of the state in gaining access to foreign countries’ markets and in enhancing their export potential. The agreement was signed by Chairman Vladimir Dimitriev on behalf of Vnesheconombank and Russian Economic Development Minister Alexei Ulyukayev on behalf of the Ministry.