Viet Nam, Israel sign finance protocol
Ha Noi (VNA) – Representatives of the Vietnamese and Israeli Finance Ministries signed a financial protocol in Ha Noi on August 18 to facilitate cooperation between the two countries’ businesses.The Vietnamese and Israeli Governments will provide and guarantee the loans for their businesses to get involved in projects within the framework of the protocol with the maximum value of each guaranteed credit totaling 150 million USD.
Projects valued below 25 million USD will enjoy an eight-year term and those valued at more than 25 million USD will enjoy a 10-year term. Businesses will have to refund their capital every six months as soon as they complete the projects.
Under the protocol, businesses implementing projects within the framework of the protocol will enjoy preferential interest rates.
The Israeli Ambassador to Viet Nam said that the pact marks an important milestone in the Viet Nam-Israel economic relationship which helps to encourage joint venture projects between the two countries’ businesses.-Enditem
được đăng bởi kude.punny @ 09:42
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