Russia’s Sberbank and Italy’s Sace sign MoU

(Global Trade Review, St. Petersburg, 15 June 2015) Sberbank of Russia and Italia export credit agency Sace signed a memorandum of understanding (MoU) during the St. Petersburg International Economic Forum... Despite the sanctions, Russia remains an important partner for Italy. Alessandro Castellano, Sace’s CEO remarks: “With over €4.4bn of exposure in our portfolio, Russia remains the top foreign market for Sace.