Charged Affairs, Washington, 23 February 2025) The Trump administration’s cuts to USAID and foreign aid programs could reshape U.S. global influence, with a focus on strategic investments over humanitarian assistance. The shift may open opportunities for China to expand its influence,...
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2025/03/04
Country: China, USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights, Transparency
2024/11/30
Country: China, Russia
ECAs: Sinosure
Issue: Arms Trade, Human Rights
(Kyive Independent, Kyiv, 6 November 2024) Chinese state-owned company Sinosure that insures export supplies against the risk of non-payment has begun to refuse to cooperate with Russian entrepreneurs, Russian newspaper Vedomosti reported on Nov. 5, citing four unnamed sources from importing...
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2024/11/30
Country: China, France, Italy, Korea, United Kingdom
ECAs: SACE S.p.A.
Issue: Human Rights, Oil, Gas and Mining
(Barrons/AFP, Paris, 15 November 2024) French energy giant TotalEnergies, recipient of Italian (& French?) ECA funding, was aware of accusations of abuses committed by soldiers charged with protecting its gas site in Mozambique as early as 2021. "Complaints of extortion, disappearances and...
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2024/10/31
Country: China, France, USA
Issue: Climate Change, Human Rights, Oil, Gas and Mining, Transparency
(Mongabay, Menlo Park, 17 October 2024) A group of 28 NGOs have written to 34 banks, insurance companies and the Chinese government, urging them to deny financing and other support for oil and gas projects in Uganda. The letters, written by U.S.-based Climate Rights International (CRI) and 27...
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2024/09/30
Country: Ukraine
Issue: Arms Trade, Human Rights, Transparency
(Government of Ukraine, Kiev, 16 September 2024) The Export Credit Agency (ECA) has signed the first war risk insurance contract for an investment loan. This was announced by First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko during the event “Economic Policy of...
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2024/05/31
Country: China, USA
ECAs: Export-Import Bank of the United States
Issue: European Union, Human Rights, Transparency
(ABC News, Washington, 27 May 2024) After Lithuania allowed Taiwan's de-facto embassy in Vilnius to bear the name Taiwan, instead of Taipei — Taiwan's capital city — as preferred by Beijing, Lithuanian businesses saw their cargo shipments to and from China stranded, and they were warned by...
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2024/04/29
Country: India
Issue: Arms Trade, Human Rights, Renewables
(Business Standard, Delhi, 11 April 2024) The Ministry of Finance has written to the Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority of India (Irdai) to monitor export credit availability, and insurance premium increases to help Indian exporters deal with...
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2024/04/29
ECAs: Atradius, Export-Import Bank of the United States, Nippon Export and Investment Insurance, SACE S.p.A., UK Export Finance (UKEF)
Issue: Climate Change, Human Rights, Oil, Gas and Mining, Transparency
Member: Bank Track, Friends of the Earth USA
(Global Trade Review, London, 17 April 2024) Financial backers are continuing to assess whether they should reaffirm their support for a multi-billion-dollar LNG project in Mozambique as operator Total looks to restart work. The project was suspended in 2021 after insurgents known as the...
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2024/03/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights
(Talk Business, Arkansas, 7 March 2024) International Women’s Day provides the opportunity to highlight the social, economic, cultural and political achievements of women and to address the diverse challenges women face every day. For the last 25 years, EXIM's Minority- and Women-Owned Business...
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2024/03/30
Country: Netherlands, USA
ECAs: Atradius, Export-Import Bank of the United States
Issue: Human Rights, Oil, Gas and Mining
(Bloomberg, 1 March 2024) Lenders to TotalEnergies SE’s Mozambique liquefied natural gas project are weighing the release of billions of dollars in funding as the company plans to resume construction three years after development was halted by Islamist insurgent attacks. The planned onshore...
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2024/03/30
Country: Canada, China
ECAs: Export Development Canada
Issue: Human Rights
(Yahoo Finance, New York, 26 March 2024) A Canadian watchdog is calling for penalties against Dynasty Gold Corp. after it concluded the company used forced labor at its Chinese mine, which the miner denies. The Canada Ombudsperson for Responsible Enterprise, an arm of the federal government...
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2024/03/29
Country: Netherlands
ECAs: Atradius
Issue: Human Rights
Member: Both ENDS
(Both Ends, Utrecht, 25 March) Over the past 12 years (2012-2023), Dutch export support to dredging companies amounted to €8.4 billion. Dutch-supported projects have been linked to human rights violations and environmental destruction worldwide, revealing the systemic failure of Dutch policies...
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2023/11/29
Country: Canada
ECAs: Export Development Canada
Issue: Climate Change, Human Rights, Transparency
(Globe & Mail, Toronto, 3 November 2023) Canada’s export financing agency applies its own flagship environmental and social review process in less than 1% of the transactions it supports, the Auditor-General of Canada’s office has found. An audit report released to Parliament Thursday...
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2023/10/29
Country: India
Issue: Human Rights
(Devdiscours, New Deli, 8 October 2023) Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. For merchandise exports of India, the war may lead to higher insurance premiums and shipping costs....
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2023/07/30
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Human Rights, Renewables
(G3 Football, Hillside NJ, 14 July 2023) Wolverhampton Wanderers have recently made headlines for securing a £99 million loan from the UK government. While some may view this as a sign of financial trouble, experts argue that it is a shrewd move by the club. In this article, we will explore the...
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