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'''Export Insurance Agency of Russia (EXIAR)''' ({{lang-ru|Российское Агентство по страхованию экспортных кредитов и инвестиций}}, ЭКСАР) is a Russian government agency, which was established on October 13, 2011 as the successor for the Russian Export-Import Insurance Company (Российское экспортно-импортное страховое общество), that was existed since April 1996.
'''Export Insurance Agency of Russia (EXIAR)''' ({{lang-ru|Российское Агентство по страхованию экспортных кредитов и инвестиций}}, ЭКСАР) is a Russian government agency, which was established on October 13, 2011 as the successor for the Russian Export-Import Insurance Company (Российское экспортно-импортное страховое общество), that was existed since April 1996<ref>{{cite web
|url = http://www.insur-info.ru/press/93353
|title = Создано страховое общество
|publisher = «[[Arguments and Facts]]»
|date = 1996-05-27
|accessdate = 2014-02-17
|description = Governmental directive 23.04.96 № 516}}</ref>.


Among its missions are in supporting the Russian export aboard, through insurance of export credits against commercial and political risks, as well as Russian investments abroad against political risks.
Among its missions are in supporting the Russian export aboard, through insurance of export credits against commercial and political risks, as well as Russian investments abroad against political risks.

Revision as of 05:25, 27 July 2015

Export Insurance Agency of Russia (EXIAR) (Russian: Российское Агентство по страхованию экспортных кредитов и инвестиций, ЭКСАР) is a Russian government agency, which was established on October 13, 2011 as the successor for the Russian Export-Import Insurance Company (Российское экспортно-импортное страховое общество), that was existed since April 1996[1].

Among its missions are in supporting the Russian export aboard, through insurance of export credits against commercial and political risks, as well as Russian investments abroad against political risks.

The sole shareholder of the company Vnesheconombank (Foreign Economic Bank).

The Agency’s charter capital makes RUR 30 billion (ca USD 1 billion). In line with the international practices EXIAR is aimed at developing financialinstruments for export state support providing insurance for export creditsagainst commercial and political risks and covering political risks related to Russian investments abroad.

Core activities of EXIAR are insurance of short-, mid- (up to 2 years) and long-term (up to 20 years) export and financial credits against commercial and political risks, as well as insurance of Russian investments abroad against political risks.

Missions

  • Enhancement and support for Russian technology and equipment export
  • Insurance support for Russian exporters entering new and risky markets
  • Progressive implementation and adaptation of the bestinternational practices and standardsin export credit insurance in the Russian system of financial export support
  • Enhanced access to financing
  • Increased exports to new markets
  • Support for private banks in financing Russian exporters
  1. ^ "Создано страховое общество". «Arguments and Facts». 1996-05-27. Retrieved 2014-02-17. {{cite web}}: Unknown parameter |description= ignored (help)