EXIAR supported deliveries of Russian agricultural equipment to Kazakhstan
The Russian Agency for Export Credit and Investment Insurance (EXIAR – a part of the Russian Export Center Group) and John Deere Rus. LLC concluded a contract on supplier credit insurance with the duration till 2017.
In accordance with the signed document EXIAR insured deliveries of agricultural equipment of John Deere Rus. LLC to Kazakhstan.
The total amount of supported by EXIAR export under this transaction makes up more than 2 million USD.
The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in 2011. EXIAR's mission is to support Russian hi-tech exports and investments abroad by insuring export credits against commercial and political risks. The Russian Export Center is EXIAR’s sole shareholder. The agency's charter capital is RUB 43.5 billion. The State Specialized Russian Export-Import Bank (Eximbank of Russia) is a subsidiary of EXIAR.
John Deere Rus.LLC was registered in February 2005 and is a subsidiary of Deere&Company - the world’s largest manufacturer of agricultural equipment and a leading producer of products used in construction, forestry and turf care. Deere was started in 1837 and provides products and services to customers around the world.