OAO DReVo
MIGA issued a guarantee of $5 million for a loan by Louis Dreyfus Négoce S.A. to OAO DReVo, a privately-owned agribusiness company involved in increasing agricultural productivity in the Voronezh region. The company will make modern agricultural technologies and machinery available, and will provide technical assistance to local farmers. The guarantee covers the risks of transfer restriction, expropriation, and war and civil disturbance. This pioneer project is intended to be a working model for similar projects to improve Russia's agronomy.