Global Trade Alert
Global Trade Alert

Russian Federation: The Eurasian Development Bank provided a 18-month advance payment guarantee for Sakhalin GRES 2

Announcement

09 Aug 2016

According to an official press release of 9 August 2016, the Eurasian Development Bank ("EDB") has provided an advance payment guarantee to Sakhalin GRES 2 (Russia). The current members of EDB are the Russian Federation, Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Aug 2016

Revocation date:

09 Feb 2018

Announced: 09 Aug 2016
Financial grant
The advance payment guarantee is at the amount RUB 4.999 billion (approximately 77.241 million USD). Its duration is 18 months. The advance payment guarantee is related to a project for construction o...
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