The group of the Russian Export Center will support not only exports, but also imports

On March 23, the State Duma adopted in the second and third readings a bill that expands the tasks of the Russian Export Center Group (REC, EXIAR and ROSEXIMBANK).

In the context of significant changes in the foreign trade situation and significant disruptions in the existing foreign trade relations, Russian exporting manufacturers face a number of tasks to reconfigure their production chains and replace suppliers of equipment and components from those manufacturers that have refused to fulfill their contractual obligations or have become unreliable in the conditions imposed sanctions. Under these conditions, in addition to supporting Russian exporters, organizations of the REC Group (part of VEB.RF) will also solve the above tasks.

To solve these problems, it is planned to provide Russian companies with financial, insurance, warranty and other support within the framework of competencies formed and developed in the Group over the past years.

The Russian Export Center Group has a wide range of proven support mechanisms for exporting companies, which has proven its effectiveness in recent years. The REC Group is working on setting up support mechanisms so that Russian companies engaged in the production of competitive and sought-after products can use comprehensive support tools throughout the entire chain of creation and sale of goods, including the import of the necessary equipment, components and parts that they purchase today from third countries.