17.10.2017 October 17th, 2017, in conclusion of the visit to Iran, Mr. Alexey A. Tyupanov, EXIAR CEO and Member of the Board of Directors of Eximbank of Russia, held a productive negotiations with Dr. Ali Salehabadi, Chairman and Managing Director of EDBI, and signed the Memorandum of Understanding on establishment and development of financial collaboration with EDBI in the fields of banking and insurance.

Under the MoU, Eximbank of Russia has expressed its willingness to extend financial facilities to EDBI for the purpose of facilitation of exports of Russian goods and services to Iran. In line with that, the parties have agreed to intensify the information exchange on cooperation possibilities, as well as pursue the negotiations and finalize the subsequent Framework Agreement in the near future.

Prior to that, in the course of the present visit to Iran, Mr. Tyupanov have signed the MoU with the Central Bank of Iran on the main conditions of bank-to-bank cooperation in ECA-backed financing of Russian-Iranian export-import transactions.