(TFX, London, 12 June 2015) Despite the current sanctions environment, an anonymous industry poll at the recent TXF ECA Finance conference in Paris, suggested 25% of the audience had completed an ECA-backed transaction into Russia in 2015. The poll, which had close to three hundred respondents...
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(Times of India, New Delhi, 7 June 2015) What is good for Bangladesh is good for India. The government is extending a $2 billion line of credit to its neighbour which is expected to create 50,000 jobs in India and provide a big boost to the government's Make in India drive. A line of credit is...
more(Global Trade Review, Rome, 5 June 2015) Italian export credit agency Sace has guaranteed a line of credit worth US$200mn for Angolan national oil company Sonangol, GTR is able to confirm.The goal is to increase the export of goods and services between Italian companies active...
more(Military Technologies, Singapore, 1 June 2015) Satellite operators on June 1 expressed concern that the U.S. Export-Import Bank and France’s Coface, the world’s two most-active export agencies (ECAs) in funding satellite projects, might reduce their support for the industry in light of the...
moreIn two separate news items this month, KfW IPEX-Bank of Germany brags about financing the world's largest, non-polluting clipper ship along with...
moreA substantial number of articles appeared this month highlighting massive export credit support for coal projects
more(St. Louis Post-Dispatch, Brussels, 12 June 2015) Talks on phasing out a form of coal subsidies ended in stalemate as Japan, the biggest user of the aid, led calls for more time in defiance of this week's G7 pledge on fossil fuel subsidies, sources said. The Paris-based Organization for...
more(One World, Amsterdam, 4 June 2015) Evicting people from their homes is a major human rights violation according to the UN Commission on Human...
moreEva Schram (1988) is research editor at OneWorld
The original Dutch article can be read here
4 June 2015
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more(Both Ends, Amsterdam, 5 June 2015) At the beginning of June an OECD Guidelines complaint was filed with the NCPs of Brazil and the Netherlands against the Dutch dredging company Van Oord and the Dutch ECA Atradius Dutch State Business on the adverse social and environmental impacts caused by...
moreAt the beginning of June an OECD Guidelines complaint was filed with the NCPs of Brazil and the Netherlands against the Dutch dredging company Van Oord and the Dutch ECA Atradius Dutch State Business on the adverse social and environmental impacts caused by ECA supported dredging projects in...
more(Reuters, Barcelona, 27 May 2015) The world's richest nations are unlikely to reach a deal to phase out subsidies for coal exports at talks in June, reducing the chances of a new global climate change agreement at a U.N. conference in Paris, officials and campaigners say. The export credits...
more(Global Trade Review, London, 13 April 2015) The Labour Party's Cole Commission has called for the combination of the UK Trade and Investment (UKTI) and UK Export Finance (UKEF) agencies into one entity to achieve better co-ordination and support of British exporters....
more(Trade and Export Finance, Rome, 15 May 2015) SACE has signed a technical cooperation agreement to increase the capacity of the Iranian ECA, Export Guarantee Fund of Iran (EGFI). Under the agreement, SACE will offer EGFI advisory and training services on products, processes and risk assessment...
more(Global Trade Review, Beijing, 14 May 2015) Italy’s ECA Sace and China’s Export and Credit Insurance Corporation (Sinosure), have signed a reinsurance agreement aimed at facilitating projects and deals involving Italian and Chinese companies. The agreement renews and extends a collaboration...
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