The cooperation agreement
Within the framework of the third Russian-Chinese economic forum the cooperation agreement was signed by head of NIIME I Mikron Company G. Krasnikov and vice president of China National Machinery Import&Export Corp. (CMC) Wu Yue.
This agreement opens new stage of cooperation of the companies. In March 2007 they signed the agreement of microelectronic devices procurement to China for a term of 5 years within the framework of the former USSR redemption of national debt intergovernmental agreement. In the new agreement the parties mention their being satisfied with the contract performance and they arranged about next contract being signed by 2011.
China is a strategic partner for Mikron with 35 percent of export supply. Nowadays Mikron supplies to CMC microchips, but the new agreement allows broadening the range of Russian high-tech products.