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Money for Big Business

The United States has signed a $100 million agreement aimed at bolstering big business in Russia.


The so-called Fund for Large Enterprises in Russia will offer financing packages, loans, technical assistance and training to companies with at least 1,000 employees, with a special emphasis on enterprises that are emerging from privatization programs.


"In the United States, viable private sector businesses have ready access to capital through various banks and capital markets," said Tom Dine of the U.S. Agency for International Development, a signatory of the agreement Wednesday.

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