Baku. Agshin Rafigoglu - APA-Economics. A long-term agreement will be signed with South Korea’s Eximbank by the year-end for funding construction of carbamide plant in Sumgayit, SOCAR Vice-President for Economics Issues Sulayman Gasimov said on Oct. 15.
According to him, works for formalization of agreement are underway.
The $150 mln-loan will be received with the guarantee of the Finance Ministry.