Index of ECA Watch What's New Bulletins from August 2005 to December 2006

December 2006
1) ECGD related fraud investigation closed in the UK
2) OECD ECAs renege on agreement to promote OECD MNC Guidelines
3) Switzerland & Germany agree to guarantees for controversial Ilisu Dam project
4) Record levels of business for export credit agencies in 2005
5) Exxon, Recipient of Worst EU Lobbying Award, receives Billions in ECA subsidies
6) IRN presents ECAs and the Environment paper to China Ex-Im President
7) Chinese ECAs and the Environment
8) Zambia copper mine secures $583,8m loan
9) Ence Finds New Site for Proposed ECA financed Uruguay Pulp Mill
10) US Congress bolsters export credit agency's small business efforts
11) Halifax Initiative Canadian Mining Map Poster Highlights Destructive Mines

November 2006
1) Belgian ECA concerned about reputational risk over Sakhalin II cover
2) Norway makes ground-breaking decision to cancel illegitimate ECA debt
3) Flying Low: The UK Export Credit Guarantee Department and Climate Change
4) OECD’s Gurría welcomes Stern Review into consequences of climate change
5) OECD negotiations on export credit environment standards break down
6) Russia wants to help Indonesia build first nuclear power plant
7) Russia says damages in Shell Sakhalin project could amount to US$15 billion
8) In the light of the recent Stern report, can carbon offsetting really work?
9) International Rivers Network action guide for communities affected by dams
10) French court stops Goro Nickel construction

October 2006
1) European Commission investigates French nuclear export credits
2) OECD Export Credit Updates
- a. Review of the Common Approaches on Environment and export credits
- b. More questions re OECD export credit monitoring statistics
3) Ilisu Dam update
4) Yusufeli Dam going ahead
5) Belgian ECA's private insurance subsidiary questioned in European Parliament
6) Vietnamese and Philippino airlines expand fleets with ECA support
7) Russian arms exports and export credits
8) Chinese export credits and environmental impacts
9) African Trade Insurance Agency
10) AFRODAD workshop on ECAs and African debt in Cameroon
11) Rheebu Nuu files injunction in Paris to halt Goro Nickel construction
12) ECAs fund coal fired power in Botswana / South Africa

September 2006
1) Three European ECAs set to support Ilisu dam despite obvious failure to meet standards
2) Spanish company announces withdrawal from papermill investment in Uruguay
3) Armaris bids for four Bulgarian corvettes with Coface support
4) Flawed OECD reporting and analysis of HIPC transactions
5) Ex-Im increases subsidies for aircraft
6) G7 to discourage China from unproductive, expensive debt
7) Swedish Export Credit Corp. sells $1 billion in five-year global notes
8) EBRD urged by WWF to not fund controversial Sakhalin project
9) Armenians welcome US Senate move to block Ex-Im subsidy for railroad bypass

August 2006
1) BP Alaska: What lessons for the Common Approaches?
2) OECD Common Approaches Review update
3) Atradius signs consulting agreement with Chinese ECA
4) Russia repays US$22 billion in ECA debt - ECAs should forgive LDC debt
5) New sensitive Category A projects announced by ECAs
6) Moscow puts legal pressure on Shell to halt Sakhalin pipeline
7) Turkish dam controversy tests government
8) Swedish SEK Lending is Reaching New Records
9) UK Serious Fraud Office investigates murky Nigerian oil deal with ECA support
10) OECD publishes latest Common Approaches procedures questionnaire results
11) Export-Import Bank of China to Offer Loans to Taiwanese Businesses

July 2006
1) Atradius swaps Indonesia coverage for Viet Nam with Denmark's EKF
2) With easy nickel fading fast, INCO goes after the tough stuff at Goro Nickel
3) Changing markets for export credit agencies: China, private sector ECAs
4) Iran amongst the best UK export credit clients
5) Human rights and ECAs
6) Japan publishes complete projects list (Categories A, B and C)
7) Farnborough air show - 30% of sales ECA financed
8) ECAs and arms
9) BTC pipeline opens
10) First renewables loan for US Ex-Im

June 2006
1) European Commission hosts ECA conference
2) G8 Warns Against Luring Poor States Into Debt Trap
3) Shanghai Cooperation Organization
4) ECAs and the Arms Trade
5) Indonesia buys Polish Skytrucks with export credit
6) China's controversial ECA backed Three Gorges dam comes onstream
7) Kanaks & environmentalists call for end to support for Goro Nickel in New Caledonia
8) Australia: Big brother, deputy sheriff or responsible neighbour?
9) ECA supported Bulgarian 670MW power plant project kicks off after 7-yr delay
10) US tapping export credit "war chest"
11) At 50, Is the Paris Club a Colonial Relic?

May 2006
1) OECD approves new Action Statement on Bribery and Official Export Credits
2) Civil society presses OECD on Common Approaches to the Environment
3) India looks to JIBC for lower monitoring requirements than World Bank
4) Ilusu dam update
5) Index of What's New back issues
6) Pulp Friction: Increasingly bitter dispute over pulp mills on Uruguay River
7) BTC pipeline terrorist alert
8) Sakhalin - Shell falsifies monitoring reports
9) Disagreements still remain on agricultural export credit competition
10) The IFC Performance Standards: One Step Forward, One Step Back
11) Legal Obligations of ECAs With Respect to Human Rights

April 2006
1) NGOs accuse EU countries of inflating aid figures with ECA debt cancellation
2) OECD publishes ECA statistical summary from 1998 to 2004
3) JIBC publishes new category A, B and C projects list
4) Merowe Dam displaced people's meeting attacked in Sudan - three killed
5) Export Development Canada projects growing ECA competition for export sales
6) Sinosure to outfinance US Ex-Im Bank by 10 times by 2010
7) Nigeria gives China oil rights in exchange for investment and export credits
8) Finnvera to reappraise controversial ECA supported pulp mill in Uruguay
9) NGO submission on Sakhalin finds unwarranted & uncontainable reputational risks
10) Chinese ECA to fund Mozambique dam which will Exacerbate Poverty, Livelihoods

March 2006
1) ECGD approves new/old anti-corruption policies
2) ECA Watch compares anti-bribery proposals
3) Dam project brings Laos cash and controversy
4) IFC Standards approved
5) International experts intensify critique of Ilisu dam while regional resistance grows
6) Sinosure and Chinese export credits
7) Uruguayan pulp and paper complex faces legal battle and diplomatic pressures
8) U.S. Aerospace Industries back Ex-Im Bank charter extension
9) French ECA Coface expands it's international business
10) Berne Union members support 10% of US$10 Trillion in world trade in 2005
11) Italy's SACE lends to Vietnamese diesel plant
12) India establishes new US$448 million export credit fund

February 2006
1) Update on negotiations for a new OECD Action Statement on Bribery and ECAs: Delays, weak
policies and incoherence mar ECA efforts to tackle corruption
2) Mexican coal fired power plant receives Japanese ECA support
3) Finnvera underwrites construction of world's largest cruise ship
4) Turkish Eximbank plans US$8.6 billion in loans and guarantees this year
5) Hermes forced to reveal greenhouse gas impacts
6) Ilisu Dam EIA released - NGOs show new design to be seriously flawed
7) Atradius-DSB refuses support for Setusamudram Shipping Channel Project (India)
8) Atradius-DSB Business is Booming
9) Consultants Warn Banks of Sakhalin II Environment Risks
10) Human rights and ECAs: the Uruguayan paper mills case

January 2006
1) Common Approaches to the Environment & ECAs Under Review in 2006
2) Peaceful Protest Disrupts Sakhalin II LNG Plant
3) Dutch Protests Threaten ECA-Supported Sale of Indonesian Navy Corvettes
4) Coface Lends US$100m to India for Dam
5) Japanese ECAs to be Restructured
6) World Bank Cuts Off Loans to Chad Over Abrogation of Pipeline Revenue Agreement
7) Russian Arms Exports and Export Credits
8) Garuda Faces ECA Creditors
9) EDC Reposesses Planes
10) Inuit Sue US Ex-Im Bank Over Greenhouse Gas Impacts
11) Sustainable Finance: Moving the Banking Sector from Promises to Performance
12) Mauritania oil consortium bypasses ECAs

December 2005
1) EBRD Caves in to Shell on Sakhalin
2) The OECD, the WTO and Agricultural Subsidies
3) Belgian ECA continues efforts to circumvent prohibition of Tanzania arms deal
4) How to start a low cost airline with ECA financial support
5) Bulgarian coal plant gets Hermes and Coface support
6) U.S. lifts export credit ban for Indonesian arms purchases
7) Scots demand control over aid budget share, is ECGD next?
8) Nauru's only air link grounded by U.S. Ex Im Bank
9) Chinese ECA faces bad debts, poor risk assessments
10) EDC Global Capital Flows Report
11) What have dams got to do with peace? Conflict and the politics of infrastructure
12) ECGD supports Filipino bridges to nowhere
13) New Secretary-General a major face-lift for OECD?

November 2005
1) Britain and Nigeria's half-hearted war on corruption
2) OECD Update:
A. Criteria for inclusion of large dams in renewable energy incentives approved
B. Consensus not reached on enhanced Action Statement on Bribery
3) Sakhalin bribery offer
4) Indonesian navy buys Dutch ECA financed Corvettes
5) China offers US$900 M export credits to SCO
6) Coface to finance equipment for Indian dam Rs 450 crore / US$98.4 million
7) Berne Union ECAs report 21% volume growth to US$788 billion
8) Russia signs US$200 million export credit deal with China's Sinosure
9) Spectacular increase in Dutch ECA insured exports to Russia
10) Philippine Airlines to Buy ECA financed Airbus 320s
11) 40% of French ODA is largely ECA/commercial debt cancellation

October 2005
1) Unicorn ranks ECAs on bribery
2) OECD Export Credit News
A. Agenda: consultation with civil society organizations - Paris - October 3, 2005
B. Room documents: OECD ECG CSO consultation - Paris - October 3, 2005
C. ECA Watch presentations
D. Will new OECD Secretary General open ECG to transparency?
E. Civil aircraft talks continue
3) IMF report: Officially Supported Export Credits in a Changing World
4) WRI report: Diverging Paths: What Future for ECAs in Development Finance?
5) Chinese ECA acquires U.S. bicycle manufacturer
6) Waste incineration and renewable energy incentives?
7) Chad Cameroon pipeline: ECA funded project violates human rights
8) Nigerian ECA debt subject of Paris Club negotiations
9) Russian banks to form ECA
10) ECGD continues to review decision to fund Shell for Sakhalin project
11) Philippines buys guns from Poland with export credit support
12) Friends of the Earth France publishes Senate ECA Workshop report
13) EIB and EBRD accept WCD standards for hydro power carbon credits

September 2005
1) Groundbreaking global warming lawsuit to proceed
2) Dams and Renewable Energy Incentives Update:
A. New ECA Watch publication - A Trojan Horse for Large Dams
B. World Bank standards aren't good enough
C. Movement of Dam-affected People (MAB) protests lack of compensation
3) OPIC Board Approves $150 Million to Support Trade Bank of Iraq
4) Ex-Im Bank gives creditors a reprieve after Katrina
5) SEC Subpoenas Chicago Bridge On Nigerian Work
6) Energy efficiency improvements at existing power plants are a more cost-effective
way of increasing supply than building new plants
7) NGOs - effective because of public trust
8) EU and China Partnership on Climate Change includes ECAs
9) Connecting Nature, Power and Poverty - WRI Report
10) NGOs issue statement condemning ECA debt write-off as aid
11) Indian Ex-Im Bank becoming active in Africa
12) AirAsia completes loan mandates to finance 33 aircraft
13) OECD Watch report evaluates OECD MNC Guidelines 5 years after their revision

August 2005
1) Sakhalin cost overruns reduce Shell's assets
2) Banks supporting Chinese ECA risk indirect contravention of standards
3) Australian and South African ECAs support Zambian copper mine
4) Some ECA clients get untied credit while renewable energies don't
5) Measuring the opportunity cost of ECA capital
6) Belgian NGOs list recommendations for Ducroire
7) US Export-Import Bank promotes new renewable energy incentives