Ukrainian Export Credit Agency signs memorandum of understanding with Italy's ITARE S.r.l

MOSCOW. July 2 (Interfax) - The Export Credit Agency (ECA) of Ukraine has signed a memorandum of understanding with Italy's ITARE S.r.l., which provides export and investment advisory services, Ukrainian media said.

This cooperation became possible through mediation by Advantage Ukraine, a government platform for raising investments for Ukraine, ECA said on its website.

ITARE S.r.l. representatives approached ECA Ukraine and offered free-of-charge assistance through advisory support for the development and implementation of sophisticated financial solutions to restore and foster growth of exports by Ukrainian businesses, especially small and medium-sized enterprises, with a focus on facilitating their entry to new markets and boosting their competitive edge, it said.

"This time-sensitive offer of experienced consultants arrived at the most active stage of development by ECA of insurance products to support investments," ECA Deputy CEO Oksana Ocheretyan was quoted by the press release as saying.

ITARE S.r.l., present on the financial services market since 2016, specializes in offering export and investment advisory services and technical assistance to financial institutions such as export credit agencies and banks.