ECA will also guarantee the fulfillment of Ukrainian exporters' obligations during their participation in international tenders, and provide guarantees to banks on export credits, UKRINFORM reports.
The list of banks, with which the agency cooperates, shall be determined by the Cabinet of Ministers, which approves the ECA charter.
According to the explanatory note, the creation of this agency will boost the export of domestic goods, as well as help attract additional investment in the companies.
To ensure state control over the agency's activities, it is planned to set up a supervisory board on the state support of export activities.
As reported, in January-August, imports exceeded exports by $8.105 billion.
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