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28.01.2016

EXIAR supports Russian agricultural products exports

The Russian Agency for Export Credit and Investment Insurance (EXIAR) (EXIAR operates as a part of the Russian Export Center Group) and Resource Group of Companies have concluded a one-year insurance policy for short-term credit.

According to the signed agreement, exports of Russian-made food products fr om poultry meat and other agricultural products from trading company Resource-South to the countries in the Middle East and North Africa will be insured by EXIAR for $2.5 million.

Trading company Resource-South is a part of Resource Group of Companies.

The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in 2011. EXIAR's mission is to support Russian hi-tech exports by insuring export credits against commercial and political risks, as well as Russian investments abroad against political risks. The Russian Export Center is the sole shareholder of EXIAR since the 10th of December, 2015. 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.

Resource Group of Companies is one of the leading agro-industrial companies in Russia, whose main activity is focused on the production and sale of food products from poultry, the cultivation of grain and oilseed crops. Since 2003, the company is consistently fulfilling its mission to provide millions of families with the possibility to buy fresh quality poultry products, strengthening food safety of the country, restoring agricultural production potential, improving the quality of life in the regions wh ere it is represented.