Shuvalov commented on the transfer to the Treasury of the Russian export centre

© RIA Novosti / Ilya Petliurite in fotomontaggi Shuvalov, speaking at the V International export forum, Made in Russia. Archival photoShuvalov commented on the transfer to the Treasury of the Russian export centre© RIA Novosti / Ilya Petliurite the image Bank

VEB will give one of his «daughters» — Russian export center in the Treasury of the Russian Federation, the head of the state Corporation Igor Shuvalov at a briefing on Tuesday.

«We will give, in law, REC (export center) in the Treasury of the Russian Federation in order to focus on horizontal coordination of all the institutions development, but not vertically. We have no reason to keep them as child organizations», — said Shuvalov.

However, according to him, this does not mean that the Bank ceases to charge the REC.

Source