On 8 June 2016, Tatarstan Deputy Prime Minister and Minister of Industry and Trade Albert Karimov participated in the meeting between Tatarstan President Rustam Minnikhanov and Chairman of the Board at VTB Bank Andrey Kostin.
During the meeting held in the Tatarstan House of Government, parties signed an Agreement on Cooperation between VTB Bank and the Republic of Tatarstan.
The parties agreed to promote the implementation of programmes for State support to businesses and projects at the territory of outstripping social and economic development (TOSED) in the Republic of Tatarstan. Areas for cooperation include joint activities in implementing investment, innovative, scientific and technology projects.