(Reuters, Berlin, 23 October 2014) Big exporting nations are breaking their pledge to fight corruption in global trade, with more than half of the countries that have signed an OECD anti-bribery convention failing to implement it,...
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2014/10/24
Country: United Kingdom
ECAs: Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: OECD, World Trade Organization
(Fibre2Fashion News, Ahmedabad, 2 October 2014) The United States and Brazil have agreed to settle their long-standing cotton dispute over U.S. agricultural export subsidies under the US Farm Bill and the USDA GSM-102 programme. As per the agreement, Brazil will relinquish all rights to...
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2014/10/24
(Reuters, Tokyo, 23 October 2014) The United States has challenged the Japanese government over moves to ramp up exports of coal-fired power technology and to offer cheap loans to lure buyers, according to a U.S. source with direct knowledge of the matter. Japan's shipments of the equipment...
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2014/10/24
(ECA Watch, Barcelona & Brussels, 29 October 2014) ECA Watch in collaboration with ODG of Spain have produced a map of popular alternative proposals with respect to mega infrastructure projects, which are too often responsible for the privatization of common goods and resources. These...
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2014/10/24
Issue: Climate Change, Oil, Gas and Mining
(ECA Watch, Brussels, 29 October 2014) ECA Watch has written OECD ECA's, Finance Ministers and OECD Secretary General Angel Gurría regarding upcoming discussions around coal financing through export credit agencies. We understand that they may be considering proposals to perpetuate coal...
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2014/10/24
Country: Belgium, Netherlands, USA
ECAs: Atradius
Issue: Human Rights
Member: Both ENDS
(Both ENDS, Amsterdam, 23 October 2014) On 18 October it was reported that the Egyptian authorities signed a contract with an international consortium of dredging companies to expand the Suez canal. The consortium includes the two main Dutch dredging companies: Royal Boskalis...
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Briefings & reports from ECA watch members
2014/10/24
Country: Belgium, Netherlands
ECAs: Atradius, Ducroire/ Nationale Delcrederedienst
Member: Both ENDS
Both ENDS, 23 October 2014
On 18 October it was reported that the Egyptian authorities signed a contract with an international consortium of dredging companies to expand the Suez canal[1]. The consortium...
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Letters & statements
2014/10/14
Issue: Climate Change, Common Approaches, European Union, OECD, Oil, Gas and Mining
ECA Watch in cooperation with the WWF European Policy Office and other European and global NGOs, has written a letter to Finance Ministries and Export Credit Agencies to move those public institutions away from coal financing and subsidies in the...
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2014/09/24
(Farmers Journal, Dublin, 22 September 2014) A report published by Minister for Agriculture Simon Coveney today shows that the country is on track to meet the Food Harvest 2020 target. The target of reaching €12bn worth of agri-food exports by 2020 is still achievable. The report states that a...
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2014/09/24
Issue: Arms Trade, BRIC countries
(Reuters, New Delhi, 16 September 2014) India and Vietnam have deepened military cooperation over the past decade. India extended a $100 million export credit to Vietnam for defence deals and tightened energy ties on Monday. India and Vietnam have deepened military cooperation over the past...
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2014/09/24
Issue: BRIC countries
(Biofuel Digest, 12 September 12 2014) In the US, ethanol producers’ stocks took an enormous hit yesterday after Brazil announced it would offer an export tax credit on ethanol. Meantime, potential regulatory changes in the U.S. have already put ethanol makers under pressure. The Environmental...
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2014/09/23
Issue: BRIC countries
(Hindustan Times Ludhiana, 5 September 2014) The Federation of Indian Export Organisations (FIEO), Punjab Chapter, in association with Export Credit Guarantee Corporation Limited (ECGC) organised an exporter's meet here on Friday. SC Ralhan, regional chairman (north), FIEO, apprised the...
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2014/09/23
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
(Business Credit Management, London, 5 September 2014) UK Export Finance, the UK’s export credit agency, is inviting partners to apply to help it deliver £3 billion of export credit loans as part of its enhanced direct lending facility. The government department, which during the last five...
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2014/09/23
(Fresh Fruit Portal, Santiago, 3 September 2014) The Polish government has lowered the export insurance rate in a bid to encourage suppliers to find new markets for produce banned from Russia, while also helping to ease the financial pressures of exporting in the wake of the blockade. Working...
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2014/09/23
Country: Japan
ECAs: Japan Bank for International Cooperation
Issue: BRIC countries, Climate Change
(Hindu Business Line, Mumbai, 1 September 2014) The State Bank of India (SBI) and Japan Bank for International Cooperation (JBIC) signed a dual-currency loan agreement of $152 million. “The loan is co-financed with the Bank of Tokyo-Mitsubishi UFJ Ltd amounting to ¥13.5 billion ($131 million)...
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