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07.11.2016
13:41

EXIAR and Asuransi Asei develops cooperation

EXIAR’s Chairman of the board and CEO Mr. Alexey Tyupanov and Asuransi Asei’s CEO Mr. Eko Wari Santoso signed the agreement on the sidelines of the Russia-Indonesia Intergovernmental commission on economic cooperation, in the presence of Russian Minister of Industry and Trade Mr. Denis Manturov and Coordinating Minister for Economic Affairs of the Republic of Indonesia Mr. Darmin Nasution.

Under the agreement, EXIAR and Asuransi Asei will collaborate through reciprocal reinsurance and joint support for the expanded trade between Russia and Indonesia. In his speech during the panel discussion, Mr. Alexey Tyupanov noted that “as part of our international cooperation, and as an overall international activities of the REC group, we focus on Asia-Pacific Region and ASEAN countries in particular as long term partners and a market with high potential”.

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He added that “EXIAR’s cooperation with Asuransi Asei is a logical step within our strategy to expand the scope of Russian-Indonesian business through co-financing tools and promotion of joint projects in third countries”. During the visit to Indonesia, Mr. Alexey Tyupanov met with financial institutions and officials to encourage cooperation between companies and banks from the two countries. Following these meetings, EXIAR made certain of the high interest from the Indonesian partners towards collaboration with Russian exporters.