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U.S., Soviet businesses set up trade finance co.

A group of American and Soviet businesses have formed a company, SOVLINK-American Corp., to offer expertise in trade and project finance, commodity trading, risk management and countertrade.

The company represents a partnership of Salomon Brothers, Sedgwick James, Donau Bank, Phibro Energy and Sovfintrade, and is intended to facilitate trade and finance between the Soviet Union and North American companies. Focusing on primary industries such as oil, gas, mining and transportation, SOVLINK-American acts as a partner in the purchase or sale of commodities, structures and arranges comodity-linked and other types of financing and arranges for insurance. SOVLINK is incorporated in New York and maintains an office in Moscow.
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Title Annotation:SOVLINK-American Corp.
Author:Oshins, Alice H.
Publication:Risk Management
Date:May 1, 1991
Words:107
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