Mechel WILL COOPERATE WITH ECONOMIC DEVELOPMENT
OAO Mechel `` announce the signing of an agreement with the Ministry of Economic Development of the Russian Federation on cooperation aimed at supporting and developing foreign operations.
Under the agreement, Russian Ministry of Economic Development will assist OAO Mechel `` in the preparation and carrying out activities to promote the interests of the company abroad in the coal industry, ferrous metallurgy and energy. Also provide an opportunity for the participation of the company in the events organized by the ministry and work of the intergovernmental commission on trade-economic and scientific-technical cooperation between Russia and foreign countries. In addition, the Russian Ministry of Economic Development will contribute to bringing the matter to the level of meeting the minister and his deputies with their counterparts from foreign countries.
Agreement was signed by Minister of Economic Development of the Russian Federation Andrei Belousov and Chief Executive Officer of Mechel `` Michael Eugene. Term of agreement - three years with automatic extension.
`Signed a cooperation agreement with the Ministry of Economic Development of the Russian Federation - an example of the timely and thoughtful approach of the state to assist in the implementation of specific projects to Russian companies engaged in foreign trade. With this approach, all the steps that both the company and the ministry and the trade missions are aimed at achieving practical results in favor of the Russian business and government as a whole #39;, - said General Director of OAO Mechel `` Michael Eugene.
