Italy's SACE signs agreement with Russia's Sberbank
(AGI) St Petersburg, June 19 - Sberbank and Italian ExportCredit Agency SACE signed a memorandum of understanding at theInternational Economic Forum in St Petersburg. CEO and chairmanof the Executive Board German Gref signed for Sberbank and CEOAlessandro Castellano for SACE. In a press release they said:"The main objective of this memorandum is the development oflong-term cooperation between Sberbank of Russia and SACE inthe field of export credit to support foreign trade operationsbetween the Russian Federation and Italy." Mr Gref said: "Thememorandum of understanding is further evidence of our mutualinterest in