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News

08.12.2014

EXIAR and Kemerovo Region step up joint efforts to support local exports

The Russian Agency for Export Credit and Investment Insurance (EXIAR), the Government of Kemerovo Region and the Kuzbass Chamber of Commerce and Industry are to step up joint efforts to support locally manufactured exports.

A cooperation agreement to this effect was signed by EXIAR CEO Peter Fradkov, Deputy Governor of Kemerovo Region Dmitry Islamov and Director General of the Kuzbass Chamber of Commerce and Industry Marina Shavgulidze.

The document outlines steps to create a favourable business climate conducive to increasing foreign trade in Kemerovo Region as well as to implement mutually beneficial joint projects.

These steps include instituting collaboration to support exporters in the region, making relevant companies aware of the export insurance services, terms and other means of state support available to them, and exchanging information on export projects being implemented locally.

The Russian Agency for Export Credit and Investment Insurance (EXIAR), the Government of Kemerovo Region and the Kuzbass Chamber of Commerce and Industry are to step up joint efforts to support locally manufactured exports.

A cooperation agreement to this effect was signed by EXIAR CEO Peter Fradkov, Deputy Governor of Kemerovo Region Dmitry Islamov and Director General of the Kuzbass Chamber of Commerce and Industry Marina Shavgulidze.

The document outlines steps to create a favourable business climate conducive to increasing foreign trade in Kemerovo Region as well as to implement mutually beneficial joint projects.

These steps include instituting collaboration to support exporters in the region, making relevant companies aware of the export insurance services, terms and other means of state support available to them, and exchanging information on export projects being implemented locally.

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. Since November 2014 Eximbank of Russia, a Russian specialized government–owned export–import bank, has been a subsidiary of Russian Agency for Export Credit and Investment Insurance (EXIAR).

External Communications EXIAR