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News

08.02.2012

Vnesheconombank and EXIAR hold 'Insurance Support for Exports. International Experience. New Opportunities' international conference

Supporting national exports in Russia and worldwide was the central theme in the 'Insurance Support for Exports. International Experience. New Opportunities' international conference, which took place in Moscow. The event was organised by Vnesheconombank and the Russian Agency for Export Credit and Investment Insurance, with the support of the Berne Union (the International Union of Credit & Investment Insurers).

The conference featured welcoming remarks to attendees from Igor Shuvalov, First Deputy Prime Minister of the Russian Federation; Vladimir Dmitriev, Chairman of Vnesheconombank; and Johan Schrijver, President of the Berne Union.

Participants in the event included representatives of export credit agencies from the Czech Republic, Sweden, the UK, Italy, France, Finland, Norway, Greece, Croatia, Bosnia and Herzegovina, Estonia, Kazakhstan, and Ukraine; Russian exporting companies; major banks; the Russian Union of Industrialists and Entrepreneurs and the Chamber of Commerce and Industry of the Russian Federation; and manufacturers' associations.

Among the topics under discussion were state policy in supporting national exports in Russia, and development prospects for insuring export credits and investments against commercial and political risks in the context of the establishment of the Russian Agency for Export Credit and Investment Insurance.

Participants also examined modern global development trends in export credit insurance, the role it can play during the global economic crisis, the experience of supporting exports in developing countries, opportunities for further cooperation in supporting exports, collaboration mechanisms for export credit agencies and lending organisations, and other issues.

EXIAR Communications Department

The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in October 2011. 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. EXIAR’s sole shareholder is Vnesheconombank. The Agency’s charter capital is RUB 30 billion (approx. USD 1 billion).