MOSCOW, September 15 (RIA Novosti) - The...
delayed hearings to allow talks to continue, the paper said.The discussions seemed to stall in the late spring and early summer, according to people close to the talks. Progress resumed after a U.S.-Russian summit in July, they said, the paper reported.
The paper reported that Russian Finance Minister Alexei Kudrin said on Monday he was aware of a new offer from the bank, adding he supported compromise efforts by the customs service.
Under discussion is a $400 million trade-finance facility to be available to Russian state banks to help fund imports and exports. It would run for five years, the paper said. The proposed lending would begin after settlement, resuming business the bank suspended during the litigation.
In addition, the lawsuit would be settled with an out-of-court agreement under which the bank would pay court costs, up to about $14 million, the newspaper said citing the people close to the discussions.