(National Law Review, Western Springs IL, 26 March 2020) On 19 March 2020, the European Commission adopted a temporary framework for State aid to support the economy amidst the consequences of the Coronavirus (COVID-19) outbreak. The temporary framework provides for five types of aid, including...
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2020/01/29
Country: Netherlands
ECAs: Atradius
Issue: Corruption, Human Rights, OECD, Transparency
Member: Both ENDS
Translation of the original piece in Dutch found at the above link.
Opinion | Daniëlle Hirsch is director of Both ENDS
This week it came to light in the Dutch newspapers FD...
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2020/01/29
Country: Netherlands
ECAs: Atradius
Issue: Corruption, Human Rights, OECD, Transparency
Member: Both ENDS
(Guardian, Luanda, 20 January 2020) Until the summer of 2013, Areia Branca, a fishing village just outside Luanda, the capital of Angola, was home to a thriving fishing community of 3,000 families. Now there is no trace of their houses, only sand, a pile of gravel, egrets, a bulldozer and a...
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2019/12/31
Country: China, Finland, Sweden, United Kingdom, USA
Issue: OECD, Transparency, World Trade Organization
(Zdnet, York PA, 26 December 2019) Huawei Technologies has lashed out at a Wall Street Journal report that suggests the tech giant's success is fuelled by billions of dollars in financial support from the Chinese government, arguing that its ties are no different from any other "private company...
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2019/11/29
Issue: Debt, OECD
(Greek City Times, Sydney, 27 November 2019) The European Commission on Tuesday announced its decision to return Greece to the list of “marketable risk” countries for short-term export credit insurance, following the successful completion of its fiscal adjustment program in August 2018 and the...
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2019/09/29
Issue: Climate Change, End Coal Financing, OECD, Oil, Gas and Mining, Renewables
(OECD, Paris, 13 September 2019) This OECD report estimates annual volumes of climate finance provided and mobilised by developed countries for developing countries in 2013-17. These estimates include bilateral and multilateral public finance, official-supported export credits and mobilised...
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2019/08/30
Country: Finland, Germany
ECAs: Euler Hermes Deutschland AG, Finnvera
Issue: OECD
(Seatrade Cruise News, Colchester, 16 August 2019) KfW IPEX-Bank is leading a consortium to structure the financing for Genting Hong Kong’s two newbuilds for Dream Cruises at the MV Werften shipyard. The multi-ECA financing package comprises around €2.6bn toward the total cost of €3.1bn for the...
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2019/08/30
Issue: Common Approaches, OECD, Transparency
Member: Bank Track
(Bank Track, Nijmegen, 27 August 2019) 79 civil society organisations and partners have submitted a ...
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2019/06/30
Country: Austria, China, Germany, Switzerland
ECAs: Euler Hermes Deutschland AG, Oesterreichische Kontrollbank AG, Swiss Export Risk Insurance
Issue: Common Approaches, European Union, OECD
(Global Trade Review, London, 19 June 2019) Hermes, OeKB and Serv – the export credit agencies (ECAs) of Germany, Austria and Switzerland respectively – have agreed to join forces to improve opportunities for their exporters in the face of increased competition from Asia. While the statement...
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2019/04/29
Country: Australia
ECAs: Export Finance and Insurance Corporation
Issue: Common Approaches, OECD, Transparency
(Australian Council for International Development, Canberra, 14 Feb, 2019) ACFID has raised concerns about reform to Australia’s export credit agency - EFIC - as part of the Australian Government’s Pacific ‘step-up’ and is calling for the legislation to be referred to a parliamentary committee...
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2019/03/30
Issue: Corruption, OECD
(OECD, Paris, 27 March 2019) With the adoption of the revised Recommendation of the Council on Bribery and Officially Supported Export Credits (OECD/...
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2018/12/30
Country: China
Issue: BRIC countries, Debt, OECD, Transparency, World Trade Organization
(TFX News, London, 10 December 2018) Often priced at well below accepted market rates, Chinese official finance is a major hurdle to fair competition in the global export market. A growing number of governments are attempting to compete by circumventing OECD rules and blurring trade with aid....
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2018/08/29
Country: Netherlands, Turkey
(OECD Watch, Amsterdam, 20 August 2018) NCP finds company failed to do due diligence and breached the Guidelines at Turkey's Ilisu mega-dam. On 20 August 2018, the Dutch NCP released its...
more Dodgy Deal: Ilisu Dam
Issue: Human Rights, Large Dams, OECD, Transparency
2018/07/27
Issue: Common Approaches, Human Rights, OECD
(UN Human Rights Council, Geneva, 2 May 2018) The report, prepared pursuant to Council resolutions 17/4 and 35/7 for discussion at its 18 June to 6 July 2018 meetings, examines the duty of States to protect against human rights abuses by business enterprises, including export credit agencies,...
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2018/07/27
Issue: Common Approaches, European Union, Human Rights, OECD
Member: Corner House, Re:Common
(European Ombudsman, Brussels, 17 July 2018) Following a complaint launched by ECA Watch members, the European Ombudsman has determined that the European Commission wrongly decided not to carry out a human rights impact assessment before agreeing to the 2015 Sector Understanding on Export...
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