KUALA LUMPUR, Feb 10 (Bernama) -- Malaysian exporters are now able to sellto Russian buyers on credit terms, said Bank Industri and TeknologiMalaysia Bhd.In a statement released Monday, it said that an agreement was signedbetween Malaysia Export Credit Insurance Bhd (MECIB) and Ingosstrakh JointStock Insurance Company (Ingosstrakh) of the Russian Federation.Following the agreement, it said, the trade arrangements were reciprocalin nature with each party supporting trade between the two countries byproviding Export Credit Insurance and Guaranteed facilities to exportersand banks.The pact is expected to generate more trade, enhance bilateral ties andgreatly facilitate exchange of information.Currently, Malaysia exports among other things palm oil, rubber andfurniture.The total trade between Malaysia and Russia stood at RM1.3 billion(USD354.0 million) last year. -- BERNAMA