News

On October 28, a regular meeting of the Expert Committee of Russian Export Center JSC (part of VEB.RF) took place. The Committee approved 12 applications from 6 companies for presenting their products in permanent demonstration and tasting pavilions in China, Vietnam, Egypt, and the United Arab Emirates.

For Greater Eurasia to become a truly single economic space, countries must work together to harmonize regulatory regimes for cross-border trade. This was stated by Veronika Nikishina, General Director of REC JSC (part of VEB.RF) at the session dedicated to the existence of the Greater Eurasian Partnership from the Atlantic to the Pacific Ocean that was held within the framework of the EEF 2021.

It was calculated how much paper had been saved by exporters with the My Export digital platform (One-Stop-Shop IS) by the World Paper Free Day. The Paper Free Day is celebrated every fourth Thursday in October.

In Baku, at the first international exhibition Rebuild Karabakh, Uniservice LLC, a Russia-based company, agreed on the implementation of joint construction projects with Azerbaijani AT&S. A cooperation agreement was signed at the representative office of REC JSC in Azerbaijan.

In October, the Russian Agency for Export Credit and Investment Insurance (EXIAR, part of the REC Group) celebrates its 10th anniversary. In cooperation with other development institutions and departments, EXIAR provides insurance support to domestic manufacturers of goods and services, stimulating export activity and contributing to the implementation of the goals of the International Cooperation and Export national project.

According to Nikita Gusakov, General Director of EXIAR JSC, Senior Vice President of REC JSC, who spoke at the plenary session of the 8th Russian-Armenian Interregional Forum, exports to Armenia supported by Russian Export Center exceeded $ 84 million in 2021.

Dmitry Volvach, Deputy Minister of Economic Development of the Russian Federation, and Vache Terteryan, Deputy Minister of Territorial Administration and Infrastructure of the Republic of Armenia, have opened an international diversified business mission in the city of Yerevan.

GITEX Technology Week 2021 (GTW) has been opened in Dubai. This is the largest  regional event that plays a significant role in the global IT industry. The exhibition presents the latest advances in information and communication technologies (ICT) and electronics. Russian Export Center JSC (part of VEB.RF) annually organizes a national pavilion at the exhibition under the brand Made in Russia.

“Digital services opens up new opportunities for the development of women-owned business by removing gender filter,” Veronika Nikishina, General Director of REC JSC (part of VEB.RF), said at the Digital World: Growth Points and Opportunities for Women session that was held within the Eurasian Women's Forum 2021.

EXIAR JSC entered into a buyer’s credit insurance agreement with the banks of the Gazprombank Group to implement the project of Uztransgaz JSC to upgrade the gas pipeline system in the territory of the Republic of Uzbekistan.

On October 8, 2021, the Federal Contest Committee announced 13 winners of the Exporter of the Year All-Russian Contest. The contest is held by Russian Export Center (part of VEB.RF). The Contest Committee  includes the representatives of relevant ministries, development institutions, and major business communities. More than 50 competing companies joined the meeting online.

Russia and Kazakhstan discuss scaling the Agroexpress project and expanding the supply of agricultural products in refrigerated trains along the Russia - Kazakhstan - China and Russia - Kazakhstan - Uzbekistan routes. This will enhance the promotion of food products to the markets of third countries. The parties are interested in further expanding the practice of organizing high-speed agricultural logistics using the existing transport potential of the railway network in South-East and Central Asia.

Russian Export Center (part of VEB.RF) and Russian Post have opened for Russian exporters access to the nation online store on Amazon.de. At the launch stage, 18 Russian companies will display their goods online. The total number of SKUs to be placed online will exceed 350. The products will include natural cosmetics, clothing and accessories, home and garden goods, children’s goods, toys, and craft supplies.

The Expert Commission of Russian Export Center (part of VEB.RF) has selected five more companies that will display their products in tasting pavilions in China, the United Arab Emirates, and Egypt.

Azer Talibov, Chairman of the Board of EXIMBANK OF RUSSIA JSC, has met with the management of Halyk Bank JSC, Development Bank of Kazakhstan, SB Sberbank JSC, First Heartland Jusan Bank, as well as the Eurasian Development Bank (EDB) during the visit of the REC Group delegation (part of VEB.RF) to the Republic of Kazakhstan.

Russian Export Center (part of VEB.RF) has discussed the prospects for mutual cooperation with Baiterek Holding, which will help to make the supply of Russian goods to Kazakhstan cheaper, as well as intensify trade between the two countries.

On October 4, 2021, the Serbian-Russian Business Forum started in Belgrade, Serbia. It kicked off the business mission of the REC Group (part of VEB.RF). The first business mission to Serbia will be attended by 27 Russian exporters and over 100 Serbian companies.

The REC Group (part of VEB.RF) will finance the investment program of Uzbekneftegaz JSC to increase exploration and drilling operations. The corresponding memorandum of understanding was signed on the sidelines of the Tashkent International Economic Forum ‘Uzbekistan: Results and Prospects of Economic Reforms’.