ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of September 12, 2026 No. 1165

About the state guarantee of the Russian Federation according to obligations of the Russian legal entity performing insurance support of export

The government of the Russian Federation decides:

1. Approve the enclosed Rules of provision of the state guarantee of the Russian Federation according to obligations of the Russian legal entity performing insurance support of export.

2. For office use.

3. For office use.

4. For office use.

5. For office use.

6. For office use.

7. For office use.

8. For office use.

9. For office use.

Approved by the Order of the Government of the Russian Federation of September 12, 2026 No. 1165

Rules of provision of the state guarantee of the Russian Federation according to obligations of the Russian legal entity performing insurance support of export

1. These rules establish procedure and conditions of provision in 2026 for the state guarantee of the Russian Federation in currency of the Russian Federation according to obligations of the Russian legal entity performing insurance support of export according to insurance contracts and agreements of reinsurance (further - guarantee, principal), and also procedure and conditions of obligation fulfillment on guarantee.

2. For the purposes of these rules the principal is the Russian legal entity, 100 percent of shares (share in the authorized capital) of which belong to the Russian Federation to which the Government of the Russian Federation according to part 1.1 of article 46.1 of the Federal law "About Bases of State Regulation of Foreign Trade Activity" assigns functions on implementation of insurance support of export.

3. Principal performs insurance support of export (export credits insurance and investments from entrepreneurial and (or) policy risks based on insurance contracts or agreements of reinsurance) according to Rules of implementation of export credits insurance and investments from entrepreneurial and (or) policy risks of exporters, the Russian investors performing investments outside the territory of the Russian Federation, their foreign partners according to the corresponding transactions, the Russian and foreign credit institutions, performing crediting of the corresponding transactions, other organizations giving financial support to specified persons, ensuring obligation fulfillment of residents of the Russian Federation and their foreign partners when exporting and implementing investments outside the Russian Federation including by issue of independent guarantees provisions of guarantees and application of different ways of ensuring obligation fulfillment concerning the projects having nation-wide, strategic or priority importance for economy of the Russian Federation, and also reinsurance implementation, the approved by the order of the Government of the Russian Federation of November 22, 2011 No. 964 "About implementation of export credits insurance and investments from entrepreneurial and (or) policy risks, and also reinsurance implementation", the order of the Government of the Russian Federation of April 30, 2022 No. 788 "About procedure for realization of functions on implementation of insurance and warranty support of export and import, their amounts, control of their implementation and procedure for disclosure of information by the organization realizing these functions", other acts of the Government of the Russian Federation establishing functions of principal on implementation of insurance support of export, and (or) governing the relations connected with realization by the principal of functions on implementation of insurance support of export, and (or) establishing procedure of activities of principal for insurance, reinsurance in case of realization by the principal of the specified functions on implementation of insurance support of export (further jointly - acts of implementation of activities of principal), and taking into account the features established by these rules.

4. Principal has no right to perform insurance and risks reinsurance of other Russian legal entities to which according to part 1.1 of article 46.1 of the Federal law "About Bases of State Regulation of Foreign Trade Activity" functions on implementation of insurance and warranty support of export and import, and also "Russian Export Credits Insurance Agency and Investments" joint-stock company and the Russian legal entity attracted by the Government of the Russian Federation in accordance with the legislation of the Russian Federation which is entrusted with the accomplishment of functions of the agent of the Government of the Russian Federation concerning provision, maintenances, administrations and execution of the guarantee provided according to these rules (further - the agent of the Government of the Russian Federation) are assigned.

5. The guarantee is provided for benefit of persons (the Russian legal entities, foreign legal entities, physical persons registered in accordance with the legislation of the Russian Federation as the individual entrepreneurs) who are insurers, reinsurers, other beneficiaries (except for the legal entities specified in Item 7 of these rules), in ensuring execution of the obligations of principal expressed in currency of the Russian Federation on payment of insurance indemnity (within insurance sums) in currency of the Russian Federation in case of approach of insured events according to insurance contracts of export loans and investments from entrepreneurial and (or) policy risks and to the relevant agreements of reinsurance signed by the principal (acting as the insurer and the overcautious person respectively) according to acts of the Government of the Russian Federation.

6. Persons specified in Item 5 of these rules (except for the legal entities specified in Item 7 of these rules) for benefit of whom the guarantee is provided, in case of joint mentioning are hereinafter referred to as by beneficiaries.

7. Other Russian legal entities to which according to part 1.1 of article 46.1 of the Federal law "About Bases of State Regulation of Foreign Trade Activity" functions on implementation of insurance and warranty support of export and import, and also "Russian Export Credits Insurance Agency and Investments" joint-stock company, the agent of the Government of the Russian Federation are assigned cannot be beneficiaries on guarantee.

8. Principal according to the procedure, established by these rules, performs maintaining the register of insurance contracts and agreements of reinsurance, obligations of principal under which are provided with guarantee, and beneficiaries for benefit of which the specified insurance contracts and agreements of reinsurance are signed (further - the register).

9. The guarantee provides execution to 100 percent of the obligations of principal established by insurance contracts and agreements of reinsurance on payment to beneficiaries of insurance indemnity (within insurance sums) in currency of the Russian Federation in case of approach of insured events according to insurance contracts and agreements of reinsurance signed by principal according to acts of the Government of the Russian Federation from date of issue of guarantee.

10. The guarantee provides execution of the these rules of obligations of principal only to the beneficiaries included specified in Item 9 (with observance by the established these rules of procedure and conditions) in the register, and is exclusive according to those insurance contracts and agreements of reinsurance which are included (with observance by the established these rules of procedure and conditions) in the register.

11. The guarantee does not provide execution of any other, not specified in Items 5 and 9 these rules, obligations of principal following from the law and (or) insurance contracts, agreements of reinsurance included in accordance with the established procedure in the register including does not provide obligation fulfillment of principal on interest payment, the commissions, penalties (penalty fee, penalties), on early obligation fulfillment of principal according to insurance contracts, agreements of reinsurance, including in case of presentation to principal of requirements about their early execution or approach of events (circumstances) owing to which completion date of obligations of principal according to insurance contracts, agreements of reinsurance is considered come is not provided by responsibility of principal for non-execution or improper execution of the agreement obligations of insurance, to agreements of reinsurance and causing losses, and also does not provide obligation fulfillment of principal in case of transfer (transition on other bases) to other person (other persons) of obligations of principal according to insurance contracts, agreements of reinsurance, including on payment of insurance indemnity in accordance with the terms of the specified insurance contracts, agreements of reinsurance.

12. According to obligations of principal one guarantee is provided.

13. The guarantee is provided in case of observance of the following conditions:

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