Foreign Economic Activity Competence Center for legal entities opened in Vladivostok

The Vostok Foreign Economic Activity Competence Center for legal Entities has started operating in Vladivostok, the press service of Sberbank, which organized the service, reported.

"More and more of our clients are entering international markets. During the year, the number of companies engaged in foreign economic activity increased by 10%. The focus is on China and India, the volume of foreign economic activity with the UAE and Turkey is growing, Armenia and Kyrgyzstan are relevant. Our Vostok Foreign Economic Activity center will become a reliable assistant and guide for entrepreneurs to the countries of the Asia-Pacific region, primarily to China as the most sought-after destination. Large-scale investment projects for the development of transport infrastructure are currently being launched in the Far East with the involvement of investors from other countries, and the center will also help to implement them. I am sure that the new service format will be an excellent assistant for any entrepreneur who interacts with counterparties from abroad and wants to maximize the benefits of such a partnership," said Alexander Vedyakhin, First Deputy Chairman of the Board of Sberbank.

As indicated in the "Savings Bank", the purpose of the center is the operational support of exporters and importers. The center's specialists will assist in business registration in China, search for counterparties, logistics optimization, customs clearance and currency control. There is also the possibility of online consultations on foreign economic activity, conversion operations and currency risk management.