EXIAR participates in second Euromoney Bashkortostan Investment Forum
On 8 April 2014, Ufa hosted the second International Investment Forum, organised by the Government of Bashkortostan, in association with Euromoney.
This year, the forum centred on the key investment opportunities in the oil, gas and petrochemical sectors, the banking system and financing of agricultural and tourist infrastructure.
The forum was opened by Deputy Prime Minister of the Government of the Republic of Bashkortostan Rustem Mardanov and Executive Director at Euromoney Institutional Investor Neil Osborn.
The business program of the event featured a discussion of issues related to financing Bashkortostan’s economy, the investment climate and the specific nature of doing business in the region.
Taking part in the panel discussion focusing on finance and banking was Andrey Polyakov, Managing Director for Regional Development and SME Support at EXIAR. Mr. Polyakov presented an overview of the Agency's activities and spoke about its achievements and regional development challenges that EXIAR aims to address, as well as a programme to support Bashkortostan’s export projects that is being developed jointly with Uralsib. The discussion was also attended by Airat Gaskarov, Deputy Chairman of the Management Board of Uralsib; Marat Kashapov, Governor of the National Bank of the Republic of Bashkortostan; Virgil Nae, Head of Permanent Representative Office in the Russian Federation of the European Investment Bank; George Nianias, Chief Executive Officer of Denholm Hall Group; and Martin Lee-Warner, Senior Advisor at Raiffeisen Bank International.
The Government of Bashkortostan signed a series of investment agreements at the Forum.
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.
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