Beleximgarant will make a voluntary insurance contract with Gomselmash to cover political or commercial risks associated with two export contracts (signed Nov 29, 2011 and May 3, 2012) with Kazakhstan's Agromashholding.
Beleximgarant provides insurance coverage to the tune of USD14.6 million for Gomselmash's supplies of knockdown kits to an assembly plant in Kazakhstan.
Beleximgarant has been operating since 2001, providing insurance coverage for export contracts of Belarusian companies and insurance coverage of export loans. The company is a member of the International Union of Credit and Investment Insurers.
Established in 1978, Gomselmash Corporation is a major manufacturer of agricultural machines in the CIS states and Europe. Gomselmash offers self-propelled and trailed forage harvesters and crushing mowing machines, grain harvesters, mounted mowers, potato and beet harvesters.
Read the full story on www.export.by.
BELARUS: Beleximgarant to provide insurance coverage for Gomselmash export contracts with Kazakhstan
4089 views
