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Support will be given to the Smolensk organizations that are engaged in export
 

25.06.2015 Support will be given to the Smolensk organizations that are engaged in export

Support will be given to the Smolensk organizations that are engaged in export

The state institute of export support «Export insurance agency of Russia» (a subsidiary enterprise of Vnesheconombank) will help Smolensk businessmen to enter the markets of foreign countries. The Head of Department of investment development of the Smolensk region Rostislav Rovbel conducted negotiations on opportunities which are given by the agency and acquaintance of business community of the Smolensk with these opportunities. He met the board member, the managing director for regional development and support of small and medium sized business of EKSAR Andrey Polyakov on June 24 in Moscow.

EKSAR was created in 2011 for providing support to the Russian exporters, and also financing their banks and investors. The purpose of agency is a creation of the most comfortable conditions of development of the business relations which are connected with export and investment abroad. Vnesheconombank is the only shareholder of EKSAR. Insurance obligations of the agency are provided with the state guarantee of the Russian Federation for the sum of 10 billion dollars US.

The help in exchange of information and organization of events for businessmen can render the Regional integrated center, it is a representation of the European business information network.

As a result of the meeting Rostislav Rovbel and Andrey Polyakov agreed about signing of the cooperation agreement between Administration of the Smolensk region and EKSAR in the nearest future. At the moment similar agreements are concluded only with 13 territorial subjects of the Russian Federation. Within next two-three months the management of the agency intends to visit Smolensk to meet representatives of banks and businessmen. The question of close interaction with EKSAR and the solution of the problems interfering activation of export by producers of the region will be brought in the agenda of Council for economy and investments at Administration of the Smolensk region. Thus the insurance cover of EKSAR allows to reduce rates on the credits to 5 percent.