Integrites Has Organized a Seminar On Trade Finance
International law firm Integrites organized a seminar on attracting trade finance for retailers which took place on September, 29 in Kiev under the support of Exporta Publishing & Events Ltd.
The schemes to attract trade finance to Ukraine, the transparency of Ukrainian business for export credit agencies, general solutions for Ukrainian importers, as well as ECA’s insurance policies for corporate and country risks were considered in the presentations of Svetlana Gromyko-Piradova (SACE export credit agency), Altan Gao (Sinosure export credit agency), Vyacheslav Korchev (Integrites) and Anna Todchuk (Integrites).
According to Svetlana Gromyko-Piradova, SACE has issued guarantees for 261 mln euros for Ukraine by the end of the second quarter of 2011 and is considering now deals worth 300 mln euros. Altan Gao stated that Sinosure export credit agency, as a rule, covers risks of deals with Ukrainian importers for up to 50% of the amount of credit. In his turn, Vyacheslav Korchev said that, according to Integrites practice, Ukrainian importers with transparent business structure get the most favorable terms from export credit agencies.
SACE S.p.A. is the Italian state export credit agency, providing integrated solutions in export credit.
Sinosure is China's official export credit insurance agency, founded in 2001, that occupies a leading position in the segment of export credit.
Exporta Publishing and Events Ltd became the exclusive partner of the event. Exporta Publishing & Events Ltd provides a complete information service for sections of the global financial community – publishing both the GTR Magazine and EMEA Finance Magazine, and producing focused and specialised conferences and workshops each year around the world.