Financing the supply of fire fighting equipment to Mongolia

International Bank for Economic Co-operation in partnership with the Development Bank of the Republic of Belarus (BRRB) has implemented a new project to support foreign trade operations. The transaction in the form of a trade credit in the amount of 4 million euro ensured the supply of Belarusian special vehicles, produced to extinguish fires and conduct rescue operations, to Mongolia. Engines are delivered complete with fire-fighting and rescue equipment. The social value of the contract meets the statutory objectives of IBEC in the development of both public infrastructure in member states and foreign trade in the territory of the Bank’s presence.