ANNOUNCEMENT 13 Mar 2015

In March 2015, the government of the Russian Federation announced a change in its trade finance instruments.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 13 Mar 2015 | Removal date: open ended
Still in force

Trade finance

According to an official press report of 13 March 2015, the Russian Agency for Export Credit and Investment Insurance (EXIAR) and Materia Medica, a leading pharmaceutical company on the Russian market, have signed a one-year export credit insurance contract with a renewal option. It covers insurance of shipments of made-in-Russia medicines to Uzbekistan, Kazakhstan and Kyrgyzstan. The concrete types of medicines are not disclosed.

AFFECTED SECTORS