(Both ENDS, Amsterdam, 28 August 2007) The Dutch government is facing sustained problems in managing its export credit risk exposure on Indonesia. The main reason is that in recent years cover has been provided for the export of military navy vessels to Indonesia for a value of more than €1 billion. The cover ceiling for Dutch export credit support to Indonesia is only €1.5 billion. Because of this, many regular Dutch exporters find it hard to get ECA cover for their exports to Indonesia.
Date
1 September 2007
