Export insurance agency Armenia insured local cap production export to the Russian Federation.

Export Insurance Agency Armenia insured  "Eurocup" Ltd cap production export to the Russian Federation.The contract between the parties was signed on February 15.The insurance covers  the risk of non-payment for the goods supplied to the buyer due to commercial (insolvency, bankruptcy or refusal to pay without any legal reason) and political (administrative decisions,international trade and transfer restrictions, war, revolution, civil disorders etc.).  Becides "Eurocup" Ltd will receive financing in the form of export factoring, to ensure continuity of working capital and foreign exchange risk mitigation.