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Business meeting with Euler Hermes/PricewaterhouseCoopers held in Minsk

Mr. Thomas Baum, Chief of underwriting and risk management of the consortium Euler Hermes and PricewaterhouseCoopers (Germany) visited Eximgarant of Belarus on March 21, 2013.

EULER HERMES

During the meeting Eximgarant of Belarus, informed about the existing export promotion system in the Republic of Belarus, the products offered by Eximgarant of Belarus to Belarusian exporting enterprises and banks, as well as of the performance results of the company. A similar statement was made by Mr. Thomas Baum.

PWC

Mr. Baum also brought into focus the growing amount of cover provided by German export credit agency to Belarus. In 2013, this figure reached EUR 501 million (EUR 2012–263 million ).

In the framework of the meeting Eximgarant of Belarus expressed its readiness to provide insurance cover of risks, associated with the implementation of investment programs covered by Euler Hermes on the territory of the Republic of Belarus. The proposal was accepted for consideration by the German side.

The sides agreed to maintain close contacts, and agreed to hold such meetings on a regular basis.

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