Daruna Executives recently met with a senior delegation of the China Export and Credit Insurance Corporation, commonly known as Sinosure. These executives have a significant interest in expanding the Daruna portfolio of developments by mutual cooperation.
Sinosure was established in 2001 by merging the Export Credit Insurance Department of the People’s Insurance Company of China (PICC) and the export credit insurance section of the China Export and Import Bank, as part of China’s accession into the WTO. Financing since 2001 has totaled 290 billion dollars’ worth of exports and investments. In 2009 alone, the company insured 116 billion dollars’ worth of exports.