ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of February 26, 2021 No. 259

About modification of the Order of the Government of the Russian Federation of November 22, 2011 No. 964

The government of the Russian Federation decides:

Approve the enclosed changes which are made to the order of the Government of the Russian Federation of November 22, 2011 No. 964 "About procedure of activities for insurance and providing export loans and investments from entrepreneurial and policy risks" (The Russian Federation Code, 2011, No. 48, Art. 6936; 2014, No. 47, Art. 6564; 2016, No. 14, Art. 1992; 2018, No. 48, Art. 7402; 2019, No. 25, Art. 3268).

Approved by the Order of the Government of the Russian Federation of February 26, 2021 No. 259

Changes which are made to the Order of the Government of the Russian Federation of November 22, 2011 No. 964

1. In word preamble "According to the Federal Law "About Development Bank" to exclude.

2. Add with Item 2 (1) the following content:

"2(1). Determine that the "Russian Export Credits Insurance Agency and Investments" joint-stock company performs according to the procedure of subrogation of the right of the investor in accordance with the terms of agreements on encouragement and protection of the investments concluded by the Government of the Russian Federation, and the Rules approved by this resolution.".

3. In Rules of implementation of activities for insurance and providing export loans and investments from the entrepreneurial and policy risks approved by the specified resolution:

a) Item 1 after the words "and also on ensuring obligation fulfillment" to add with words "residents of the Russian Federation and them";

b) the subitem "v" of Item 2 after the words "provides obligation fulfillment" to add with words "residents of the Russian Federation and them";

c) state Item 3 in the following edition:

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