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Law on ratification of agreement establishing Eurasian reinsurance company

May 29, 2023

The President of Russia signed Federal Law On Ratification of Agreement Establishing the Eurasian Reinsurance Company.

The Federal Law ratifies the Agreement Establishing the Eurasian Reinsurance Company, signed on October 20, 2022, in Yerevan.

The agreement provides for the establishment of the Eurasian Reinsurance Company, which will facilitate increasing mutual trade, investment, the development of economic integration between the Parties, improving investment appeal and expanding the Parties’ trade and economic relations with third countries through reinsurance of export loans (including all financial tools for export support), export-oriented funding and investments from business and/or political risks in the countries of the Parties and in third countries.

May 29, 2023