YEREVAN. – Armenian Acting Premier Tigran Sargsyan received Director General Petr Fradkov of the Export Insurance Agency of Russia (EXIAR). 

Fradkov noted that EXIAR provides investments as well as insurance to export-oriented loans, the Armenian interim Government press service informs.   

“Armenia already has begun activities toward establishing a company that will provide insurance to export-oriented dealings. We also have received technical support from the European Union and the Czech party,” Sargsyan noted, in his turn.        

The interlocutors underscored the need to establish cooperation and exchange knowhow, and discussed the prospects for interaction.   

Sargsyan and Fradkov also reflected on Armenia’s legislation and the development opportunities in this domain.