Companies From Moscow Region Using Electronic Platforms to Develop Exports

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With the help of Russia’s Regional Fund for the Support of Foreign Economic Activity, the export company Soyuzsnab has managed to sign contracts worth more than $20 million.

Since the beginning of 2020, 13 enterprises from the Moscow Region have entered international electronic trading platforms with the assistance of Russia’s Regional Fund for the Support of Foreign Economic Activity.

As an example, the Moscow Region’s Soyuzsnab, an export company that specialises in the production of food ingredients, has signed six major export contracts in two and a half months through the international electronic trading platform Alibaba.

The total volume of export contracts concluded by the enterprise through electronic trading platforms with Central Asian and Asia-Pacific countries exceeds $20 million. One of the latest contracts, amounting to $600 million, was concluded with counterparties from Uzbekistan.

Sourse: sputniknews.com

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