ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of November 14, 2014 No. 1204

About modification of Rules of implementation of activities for export credits insurance and investments from entrepreneurial and policy risks

The government of the Russian Federation decides:

Approve the enclosed changes which are made to the Rules of implementation of activities for export credits insurance and investments from entrepreneurial and policy risks approved by the order of the Government of the Russian Federation of November 22, 2011 No. 964 "About procedure of activities for export credits insurance and investments from entrepreneurial and policy risks" (The Russian Federation Code, 2011, No. 48, Art. 6936; 2013, No. 5, Art. 407).

Approved by the Order of the Government of the Russian Federation of November 14, 2014 No. 1204

Changes which are made to Rules of implementation of activities for export credits insurance and investments from entrepreneurial and policy risks

1. In Item 1 of the word "to joint insurance and" to exclude.

2. In Item 2 of the word of "the Russian and foreign credit institutions" shall be replaced with words "the Russian, foreign credit institutions, international financial institutions".

3. In item 4:

to state paragraphs of the sixth and seventh in the following edition:

"credit agreement" - the agreement based on which the Russian or foreign credit institution, international financial institution (creditor) or Vnesheconombank shall provide money (credit) to the borrower or person specified to them in the amount of and on conditions which are provided by the agreement and the borrower shall return the received sum of money and pay percent on it;

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