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09.07.2015

EXIAR and the Sverdlovsk Region to develop cooperation

On July 8, 2015 the Export Insurance Agency of Russia (EXIAR) and the Government of the Sverdlovsk Region in Russia signed an agreement of cooperation in the city of Yekaterinburg as part of INNOPROM 2015 International Industrial Trade Fair.

EXIAR CEO Alexey Tyupanov signed on behalf of the Agency, while Governor Evgeny Kuyvashev signed for the Sverdlovsk Region.

The crux of the agreement is the establishment of a long-term partnership with the goal of creating favorable conditions for developing export activities among entrepreneurs in the Sverdlovsk Region in addition to implementing joint projects.

The Parties intend to cooperate on issues of government support for exports among entrepreneurs as well as to exchange information about Sverdlovsk companies' export projects.

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 31 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