Index for 2012

December 2012

  • Lawsuit targets US Ex-Im LNG fossil fuel project threatening Great Barrier Reef
  • How ECAs create debts and inflate aid budgets: the example of Sudan
  • Business credit insurance emerges as new Chinese tool
  • US & China establish multilateral ECA working group on international guidelines
  • New report concerned Australian Government put profits before PNG welfare
  • Oxfam Australia submission to EFIC on Mongolian Copper-Gold Mine project
  • ECAs and IFIs Financing Human Rights Abuse
  • Consultation between OECD Export Credit Committees & CSOs
  • India's Government Auditor criticizes ECA ECGC for inadequate controls

November 2012

  • Scale of UK arms loans to dictators revealed for first time
  • Credit insurer Atradius concludes cooperation agreement with Petrobras
  • First Guidance on Social Responsibility of China’s International Project Contracting Industry
  • The New Great Walls: A Guide to China’s Overseas Dam Industry
  • IDB approves $153 million to set up IDB-China Eximbank Equity Investment Platform
  • Obama Administration Fossil Fuel Subsidies Undermine Climate Talks
  • Italian export-credit agency SACE opens Mumbai office
  • Afreximbank Gets $30m From EDC To Boost Africa-Canada Trade
  • Nigeria's NEXIM Partners Turkish Bank to Develop Non-Oil Sector

October 2012

  • De facto ECA subsidies for exporters raise concerns
  • Stop irresponsible investment in Indonesian pulp mills
  • Finvera & OeKB review support for Brazil's Category A Eldorado pulp project
  • EU briefing Paper: Export Finance Activities by the Chinese Government (PDF)
  • Berne Union members claim to support 10% of world exports
  • Zimbabwe: Agribank Secures US$30 million South African ECA backed loan
  • UK Export Finance chief executive to stand down
  • S&P downgrade shakes trade credit insurer Atradius
  • U.S. Ex-Im Bank Signs Co-financing Agreements to Facilitate U.S. Export Sales

September 2012

  • Australia's EFIC considers financing Mongolia's Oyu Tolgoi Copper-Gold Mine
  • Ex-Im Bank approves $2 billion loan to Barakah nuclear power project in UAE
  • Ex-Im Bank touts 18K U.S. jobs in $5B loan for Saudi petrochemical complex
  • Government of Spain selling off 50% of CESCE
  • Ex-Im Bank Spurs ECA Backed Bond Rush to Finance Boeing Planes
  • Crédit Agricole launches ECA backed bonds
  • Beijing to increase export credit insurance to small companies
  • €450m plan to develop new Irish export products criticized by exporters
  • Diversion of Tigris river completed, construction of controversial Ilisu dam to begin
  • U.S. Ex-Im Satellite Loans Likely To Hit $1.4B

August 2012

  • Draft version of Equator Principles III released for comments
  • Lawsuit Launched Against Multi-billion-$ U.S. Ex-Im Subsidy of Fossil Fuel Projects in Australia
  • Six Export Credit Agencies Offer Indonesian Ferro-Nickel Smelter Funding
  • Barrick Gold reveals exorbitant cost overruns on ECA rejected Pascua Lama mine (PDF)
  • Gazprom Neft secures 10-year EUR 258 million loan covered by Czech ECA
  • New Ex-Im Bank Loans Guarantee Pre-Delivery Interest Rates
  • Will Pemex bonds trigger new wave of ECA capital guarantees?
  • Indian ECA ECGC expects more claims as EU crisis continues
  • Ten Ethiopian Boeing B787s Mainly Financed by J.P. Morgan with US Ex-Im Guarantee

July 2012

  • OECD Council ratifies Recommendation on Common Approaches
  • UK offers $1bn credit line to controversial Brazilian deep-sea drilling
  • Russia agrees to US$3.4 billion export credit for 2 Indian nuclear power plants
  • The Community Good - a report on the Influence of the ECA supported PNG LNG Project
  • New EFIC Complaints Mechanism
  • Tycoon's ECA dependent $10 billion mine faces finance delays
  • Pakistan's Board of Investment to establish export credit fund to attract Italian investors
  • EDC issues annual corporate social responsibility report

June 2012

  • OECD's ECG lags in reporting on ECA activities
  • State aid: European Commission consults on short-term export credit insurance
  • "Wild West" export financing needs taming - ExIm's Fred Hochberg
  • OECD's ECG lags in reporting on ECA activities
  • Irish Exporters warn credit insurance may hit Spanish trade
  • Greek Retailers, Importers See Shortages Emerging As ECA Credit Dries Up
  • Chinese Bank Dim Sum Sales Leap to Back Export Credit
  • Trade welcomes increase in export credit refinancing limit
  • Russia's Sberbank, U.S. Ex-Im Bank Sign Memorandum on Trade
  • Turkish Eximbank Almost Doubles One-Year Loan to 224 Million Euros

May 2012

  • What's New April 2012
  • US Congress re-authorizes Export-Import Bank
  • Export-Import Bank finances coal exports
  • OECD's ECG approves new Common Approaches
  • China willing to reform export credit system: U.S. official
  • Growing demand for Political Risk & Trade Credit Insurance prompts increased use of public ECAs
  • PFA Pension, EKF Boost Export Finance to Help Vestas, Renewables
  • NEXIM Bank sells Nollywood at Cannes film festival
  • U.S. must fall in line on cotton subsidy
  • South Sudan joins membership of African Trade Insurance
  • AfDB Holds Inaugural Syndications and Co-Financiers Meeting in London

April 2012

  • Berne Declaration successfully monitors SERV projects since 1990
  • Battle over reauthorizing the US Ex-Im Bank continues
  • Chinese export credit insurance reaches $216.24b in '11
  • Illinois Soybean Association calls for Cuba ExIm eligibility
  • Vietnam ministry to pay 20% of export credit premiums
  • Berne Union Reports Members Insure $1.8 Trillion of International Trade, Investment
  • Norway Announces State-Owned Replacement for Eksportfinans
  • Measures to encourage Russian manufactured exports with new ECA
  • Gazprom-Led South Stream Hires Banks for Gas Pipeline Financing

March 2012

  • US Senate votes down Export-Import Bank re-authorization
  • Barrick Gold Fails to Obtain Export Credit Financing for Pascua Lama mine in Chile
  • Australia's Productivity Commission hearing puts spotlight on Australia's Export Credit Agency
  • European, Japanese taxpayers unwittingly underwrite continued forest and tiger habitat destruction
  • Changes to Norwegian export financing regulations on the horizon
  • Berlin trying to interfere at EADS, threatening ECA guarantees
  • Vital energy mission for Japanese ECA JIBC
  • Opinion: Export credit helps plug green finance gap
  • Ottawa to prolong EDC’s domestic lending role

February 2012

  • US GAO report comes in midst of heated political debate on Ex-Im 
  • US and China agree to negotiate export credit deal
  • A Better Deal? Chinese Finance in Latin America
  • Is Export Credit distorting the market?
  • India not halting insurance cover on exports to Iran
  • Credit guarantees boost German exports to Africa
  • Washington aids Boeing in competition with Bombardier
  • ONDD announces premia changes for selected countries
  • Sri Lanka to get US$ 200 million credit facility from Pakistan
  • OECD considers new shipping export credit rules

January 2012

  • AB Svensk Exportkredit secures long-term Chinese RMB financing for Swedish exporter
  • What will money worries mean for ECA aircraft financing?
  • Ex-Im Bank leads US government and private support for controversial energy projects
  • Bribe in US Ex-Im Bank scam lands former Wells Fargo banker behind bars
  • Report of the 6 Dec. 2011 meeting of the Export Credits Group of the Council of the European Union
  • Turkish Eximbank to extend $750 mln in loans to Tunisia, Libya
  • Australia and South Africa strike gold in UK
  • Prolongation of Danish export credit financing scheme okayed