Russia and Moldova have begun to negotiate the conditions for issuing Russia republic of credit in the amount of 500 million dollars and plans to complete them before the end of July 2009 As reported, the First Vice-Premier, Minister of Economy and Trade of Moldova Igor Dodon, talks began last week and maintained at the level of Finance Ministers of Russia and Moldova. According to the preliminary agreement, the delay in the payment of the loan amount to 15 years. I. Dodon stressed that the amount of the interest rate on this loan has not yet been discussed, noting that there is every reason to believe that the rate for the Moldovan side will be very beneficial.

agreement for Russia Moldova loan in the amount of 500 million dollars was reached during the working visit of the President of Moldova Vladimir Voronin in Moscow on June 22, 2009 following a meeting with Russian President Dmitry Medvedev and President of the Government of the Russian Federation Vladimir Putin. Earlier, Voronin said at a press conference in Chisinau that the credit in the amount of 500 million dollars, which Russia agreed to provide Moldova, Republic of the three will come in tranches. The first tranche amounting to about 150 million dollars will be allocated Moldavia until the end of 2009, the second tranche of the same amount received in 2010, and the remaining amount of $ 200 million will be in Moldova in 2011

As noted by Voronin, Moldova is planning to send Russia loan funds allocated for the implementation of two projects: the construction and upgrading of roads, as well as the development of the aqueduct Soroca-Balti. Voronin said that the Russian loan will not be used for the gasification of Moldova, which is scheduled for completion in 2010, According to him, for the gasification of the authority will explore other possibilities, the other investors.

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