The Ministry of Economy has terminated the powers of five members of the supervisory board of the “Export Credit Agency”,

and the Chairman of the Board. “The reason for this decision was the extremely unsatisfactory activities of the company and the lack of response from the members of the supervisory board,” said a Ministry spokesman Given the state of financial and economic activities of PJSC “Export Credit Agency” and the lack of effective measures to improve the relevant indicators, development strategy of the company, the Ministry also decided to terminate the term of the Chairman, Ruslan Gashev.