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Financing sources for small businesses will be one of several exchanges the SBA will share with the Ministry of Economic Development of the Russian Federation.

Through a new alliance, both agencies have agreed to work together to strengthen bilateral relations in the area of small business development in both countries, the SBA said today. Under a Memorandum of Understanding signed by representatives of both governments March 23 under the U.S.-Russia Bilateral Presidential Commission, experiences in sources of small business finance, job creation, human capital development and fighting unemployment will be exchanged between the two countries.

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