(PortNews, Moscow, 21 Septeember 2015) The Dutch export credit agency is ready to finance shipbuilding projects in Russia, Jan Fijnekam, Customer Finance Manager at Damen Shipyards, said today, September 21, at the International Conference “Advanced port fleet - the basis of safety” organized...
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2015/09/30
Country: Canada, China, Japan, United Kingdom, USA
ECAs: EXIM Bank China, Export Development Canada, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: BRIC countries
(Global Capital, London, September 2015) The stated aim of the China-backed Asian Infrastructure Investment Bank (AIIB), officially launched in June 2015, is to respond to a need for massive spending across Asia. But its creation has caused political controversy, with supporters arguing it...
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2015/09/30
Country: China
ECAs: EXIM Bank China
Issue: Debt
(All Africa News, Harare, 2 September 2015) The Reserve Bank of Zimbabwe (RBZ) is discussing with banks an insurance package for exports, as it moves to tackle a high political risk premium that has affected international trade. Zimbabwe's import bill has been rising while exports have been...
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2015/09/30
Country: Turkey
(Hasankeyf Action Day, Hasankeyf, 20 September 2015) On September 20th, activists, social movements and NGO's joined an international action day for the conservation of Hasankeyf and the Tigris River. Protesting against the Ilisu Dam Project, a large demonstration took place in the 10.000 year...
more Dodgy Deal: Ilisu Dam
ECAs: Euler Hermes Deutschland AG, Oesterreichische Kontrollbank AG, Swiss Export Risk Insurance
Issue: Human Rights, Large Dams, Transparency
2015/09/30
(ICC, Barcelona, 7 September 2015) The International Chamber of Commerce (ICC) is launching today the “ICC Global Export Finance Committee” – an export finance working group, chaired by Eric de Jonge, Global Head of Structured Export Finance at ING Bank. The launch event of the Committee took...
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2015/09/30
Issue: Oil, Gas and Mining
(BUSINESS WIRE, London, 29 September 2015) Leading experts involved with project financing in oil and gas will meet this November 23-24 in London, at the Project Financing in Oil and Gas Conference. Project Financing in Oil and Gas has a varied amount of risk attached to a...
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2015/09/30
Issue: OECD
(OECD, Paris, 29 September 2015) A Consultation between Civil Society Organisations (CSOs) and Members of the OECD’s Working Party on Export Credits and Credit Guarantees (ECG) and the Participants to the Arrangement on Officially Supported Export Credits will take place on Tuesday, 17 November...
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2015/09/30
Country: Canada, USA
ECAs: Export Development Canada, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Aircraft, OECD, World Trade Organization
(Globe & Mail, Toronto, 28 September 2015) General Electric Co. is planning to build a state-of the art $265-million (U.S.) engine plant in Canada, as it shifts more business out of the United States following the collapse of U.S. government-sponsored export financing. GE said Monday it...
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2015/09/30
Country: Japan
ECAs: Japan Bank for International Cooperation
Issue: Climate Change, Oil, Gas and Mining
(FOE Japan, Tokyo, 25 September 2015) At the proposed project site of the controversial 2,000-megawatt coal-fired power plant in Batang, Central Java, Indonesia, further cases of human rights violations have been reported. On September 25, the undersigned 63 organizations from 20 countries,...
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2015/09/30
Country: France
ECAs: COFACE
Issue: Climate Change, Oil, Gas and Mining
(FOE France, Paris, 30 September 2015) Today's publication of new criteria for coal-fired power plant financing by French bank Crédit Agricole suggests that the bank will be unable to finance the controversial €800 million Plomin C coal power plant in Croatia, campaign groups beleive. The...
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2015/09/30
Country: China, Japan, USA
Issue: Climate Change, Oil, Gas and Mining
(Reuters, London, 30 September 2015) China's promise to curb public funding of "highly polluting projects" has isolated Japan and increased the pressure to close a deal to phase-out coal export subsidies after months of wrangling. The Paris-based Organisation for Economic Cooperation and...
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