MOSCOW (Reuters) — Russia and China have agreed to launch a US$2 billion investment fund targeting agricultural projects in the two countries, a spokeswoman for the Russian Direct Investment Fund said.
Russian transport minister Maxim Sokolov said the countries would also invest $19.7 billion in an 800 kilometre rail link between Moscow and the Russian city of Kazan to be completed by 2020. Putin said the level of Chinese investment would be around $5.85 billion.
