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. Last Updated: 07/27/2016

Japanese Phone Loan

MOSCOW -- The Export-Import Bank of Japan has granted a long-awaited $200 million loan to Russia's Vnesheconombank to finance construction of the world's longest microwave link from Moscow to Khabarovsk, EXIM Japan announced Tuesday. The $235 million project, to be carried out by a consortium including Japan's NEC and German firm Siemens AG, will both improve telecommunications for Rostelekom, Russia's long-distance phone company, and create a new link between Western Europe and Japan