REC offers Russian exporters lending, insurance and free promotion

MOSCOW, September 24 - RIA Novosti. The Russian Export Center (REC, VEB.RF group) provides exporters with a full range of support tools, including lending, insurance and free promotion abroad, said REC Vice President Alexander Molodtsov.

“Both small and large businesses can receive support at the REC. A full range of instruments is available here, for example, loans at 6% for exporters. In addition, a company can pay 30 thousand rubles and insure 70% of the contract volume in case a counterparty in some country does not want to pay it,” Molodtsov said.

“As part of the national project “International Cooperation and Export,” we provide free advertising abroad and marketing support. The company contacts us and receives advertising, PR, marketing promotions in supermarkets and chains. All this is free,” he added.

Separately, Molodtsov focused on the role of export support centers, which operate in almost every region. According to him, they serve as an entry point for small businesses, where enterprises receive support throughout the entire export cycle, including participation in exhibitions and logistics support measures.

A district meeting on the implementation of the national project "International Cooperation and Export" in the regions of the Central Federal District is being held in Ryazan on September 24-25 as part of the International Business Days. It is attended by representatives of regional and federal authorities, export support centers, business associations, and representatives of foreign businesses.