The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in late 2011 as Russia’s first ever export credit agency.

Strategic areas of activity:

• Insurance support for exports of Russian goods and services, providing assistance when entering new markets
• The development of a modern export finance system, secured by the agency’s insurance coverage
• Insurance support for Russian investments overseas
• Support to export-oriented SMEs

EXIAR was established as a specialised state institution to support exports through the provision of a range of export credit and investment insurance products. It is Russia’s national export credit agency (ECA), and was built from the ground up as a result of a push by the Russian government in late 2009 to step up the development and implementation of its export support programme. This project formed one of several anti-crisis measures drawn up at the time to spur national economic development.