OREANDA-NEWS. November 16, 2011. Vnesheconombank’s Board Member Petr Fradkov participated in a session of the Prague Club of Export Credit and Investment Insurers in the city of Maskat (Sultanate Oman).

The session’s participants discussed insurance business trends within the Berne Union and the Prague Club, issues of insuring investments against political risks, the situation with the debt crisis in the Euro zone, the economic situation in the US, issues of cooperation between the World Trade Organization and export credit agencies.

In the course of the session Vnesheconombank’s Board Member, Director General of the Russian Export Credit and Investment Insurance Agency (OJSC) Petr Fradkov made a presentation of the Russian Export Credit and Investment Insurance Agency.

In September of 2011, Vnesheconombank’s Supervisory Board approved the Agency’s Charter and elected its governance bodies. The Agency was entered into the Unified State Register of Legal Entities on October 13, 2011. The Agency’s is to start operate till this year-end.