SINOSURE to cover $400m worth projects with insurance as it concludes corresponding agreement with NBU
The National Bank of foreign economic activity of the Republic of Uzbekistan inked a $400mn worth cooperation agreement with the Chinese Export and Credit Insurance Corporation "SINOSURE".
The National Bank of foreign economic activity of the Republic of Uzbekistan inked a $400mn worth cooperation agreement with the Chinese Export and Credit Insurance Corporation "SINOSURE".
The SINOSURE, according to the agreement, set to provide insurance coverage of high-tech equipment manufactured in China proposed for export into the Uzbek market, in particular, equipment for light industry, production of building materials, agriculture, including processing of fruit and vegetable products, and others.
SINOSURE will provide insurance support to projects carried out by Chinese companies in our country, financed through the NBU.
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