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Friday, 19 April 2013

Export Lending Insurance Development Prospects Discussed




Acting Prime Minister Tigran Sargsyan received Russian EXAR Insurance Agency Executive Director Pyotr Fradkov.

Briefing Tigran Sargsyan on his agency’s activities, Mr. Fradkov said it deals with export lending insurance and investment operations.

“Assisted by the European Union and the Czech government, for a while now Armenia has been making efforts to set up an export-oriented transaction insurance company,” the acting head of government said adding that an operating model and a roadmap have already been developed to that end.

Emphasizing the importance of joint efforts and exchange of experience, the parties looked at cooperation possibilities.

In this context, reference was made of Armenia’s legislation and development opportunities.

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