EXIAR and Delovaya Rossiya sign cooperation agreement
Wednesday, 18 December 2013 – The Russian Agency for Export Credit and Investment Insurance (EXIAR) and the All-Russia Public Organisation Delovaya Rossiya (Business Russia) have signed a cooperation agreement.
Under the agreement, the two organisations will cooperate on implementing support programmes for SMEs. They will also work together to establish – as well as further increase – business contacts with organisations involved in export, and provide assistance in accessing foreign markets, fostering international cooperation, and organising training of specialists in export credit and investment insurance.
The cooperation agreement was formally signed by EXIAR CEO Peter Fradkov, and Co-chairman of Delovaya Rossiya Alexei Repik.
The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in 2011 as an open joint-stock company. EXIAR’s mission is to support Russian high-tech exports by insuring export credits against commercial and political risks, as well as Russian investments abroad against political risks. Vnesheconombank is the sole shareholder of EXIAR. The agency's charter capital is RUB 30 billion.
The All-Russia Public Organisation Delovaya Rossiya (Business Russia) was established in 2001. It is a union of entrepreneurs working in next-generation Russian businesses, primarily in the non-commodities sector: in engineering, construction, light industry, agriculture, financial services and IT. Delovaya Rossiya brings together entrepreneurs from 71 regions of the Russian Federation, and 86 industry associations.