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News

21.06.2013

EXIAR and SINOSURE held seminar for Chinese enterprises in Russia

Russian Agency for Export Credit and Investment Insurance (EXIAR) and China Export & Credit Insurance Corporation (SINOSURE) held a joint seminar for representatives of Chinese companies and banks registered in Russia.

The event aims to introduce opportunities from EXIAR and SINOSURE in insurance support and development of export operations of enterprises with Chinese participation registered in Russia.

The representatives of banks and companies from financial services, heavy industry, machinery, electronics and other sectors attended the seminar.

The event was opened with a welcome address by Mikhail Karyakin, First Deputy CEO, EXIAR and Yu Xin, First Secretary, Embassy of China. The audience was addressed by Alexei Tyupanov, Board Member – Head of Structured Projects and International Development, EXIAR, Konstantin Aksenov, Head of Customer Relationship, EXIAR and Tan Jian, General Manager of International Dept, SINOSURE.

EXIAR and SINOSURE started their active cooperation in June 5, 2012, with signing Memorandum of Understanding in the presence of Heads of States.

OJSC Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in October, 2011. EXIAR’s mission consists in Russian high-tech exports support through insurance of export credits against commercial and political risks, as well as Russian investments abroad against political risks. EXIAR’s sole shareholder is Vnesheconombank. The Agency’s charter capital makes RUR 30 billion (ca USD 1 billion).

China Export & Credit Insurance Corporation (SINOSURE) was established in 2001 by the Decree of the PRC Government through incorporation of the departments for export credit insurance of People’s Insurance Company of China (PICC) and the Export-Import Bank of China.

The SINOSURE was founded to provide support and development of Chinese goods export, as well as of foreign investments of Chinese companies through insurance of export credits and investment and the respective guarantees issuing.

External Communications EXIAR