(Globe and Mail, Toronto, 26 September 2018) Ottawa has ordered the nation’s export credit agency to consider more carefully the human-rights implications of loans and insurance it offers in support of Canadian businesses....
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2018/09/30
Country: Canada
ECAs: Export Development Canada
Issue: Human Rights, Transparency
Member: Above Ground
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
2018/08/28
Issue: European Union, Transparency
(Bankwatch, Prague, 9 July 2018) The European Ombudsman has sided with the civil society demanding the European Commission to improve its oversight of the EU Export Credit Agencies (ECAs). The decision upholds an earlier ruling that required the Commission to ensure better compliance of these...
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2018/07/28
Country: Netherlands, USA
Issue: Climate Change, Human Rights, Oil, Gas and Mining, Transparency
Member: Bank Track
(Tampa Bay Times, Bismark, 26 July 2018) A federal judge has ruled that the developer of the Dakota Access oil pipeline has no claim under federal racketeering law for damages against a Dutch environmental group that urged banks not to finance the $3.8 billion project. U.S. District Judge Billy...
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2018/07/27
Country: Netherlands
ECAs: Atradius
Issue: Human Rights, Transparency
Member: Both ENDS
(Both Ends, Amsterdam, 28 June 2018) Following years of advocating with the Dutch export credit agency Atradius Dutch State Business (ADSB) to establish a complaints mechanism, and following active discussions between a number of Dutch NGOs and the Dutch ECA in recent months, ADSB has published...
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2018/06/30
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Transparency
(Bridging & Commercial, London, 21 June 2018) UK Export Finance (UKEF) has revealed that it helped UK exporters – 77% of which were smaller businesses – secure sales to over 75 countries during the financial year 2017/18. In its annual report and accounts, the UK’s export credit agency...
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2018/06/30
Issue: European Union, Human Rights, Transparency
(ECA Watch, Amsterdam, 28 June, 2018) ECA-watch applauds the European Ombudsman’s ruling on maladministration of the European Commission in checking compliance of European Export Credit Agencies with EU law In a landmark ruling...
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2018/06/01
Country: Canada
ECAs: Export Development Canada
Issue: Transparency
(Canada News Wire, Ottawa, 16 May 2018) EDC is now inviting stakeholders from across the Canadian trade and business ecosystems to offer input and constructive feedback on the following key policies under its environmental and social risk management framework on: Environmental and Social Risk...
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2018/03/30
Country: Canada, South Africa
ECAs: Export Development Canada
Issue: Aircraft, BRIC countries, Corruption, Transparency
http://aboveground.ngo/bombardier-gupta-accountability-edc/
(Above Ground, Ottawa, 26 March 20188) Ongoing media coverage regarding the sale of a Bombardier jet to the Gupta family in...
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2018/02/28
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Corruption, Debt, Human Rights, Transparency
(Reuters, Kuwait, 13 February 018) The United States has urged members of the coalition fighting Islamic State to help rebuild Iraq or risk a reversal of the gains made against the group. Secretary of State Tillerson said the official U.S. export credit agency, the Export-Import Bank of the...
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2018/02/28
Issue: Climate Change, Common Approaches, Debt, European Union, Human Rights, OECD, Transparency
Member: Bank Track, Finance & Trade Watch
(Finance & Trade Watch and CEE Bankwatch, Dec. 2017) Export credits are big business. Members of the industry’s Berne Union, both state and private, insured approximately USD 1.9 trillion per year between 2012 and 2016, of which USD1 trillion was state ECA insured. That amount far...
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2017/12/31
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Common Approaches, Corruption, Human Rights, OECD, Transparency, World Trade Organization
(Global Trade Review, London, 7 December 2017) UK Export Finance (UKEF) has announced plans for a new invoice financing scheme for exporters in a bid to boost exports through supply chain efficiency. GTR has learned that the new scheme will allow an exporter to set up a supply chain discounting...
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2017/12/31
Country: Turkey, USA
ECAs: Export-Import Bank of the United States
Issue: Corruption, Transparency
(Newsweek, Washington, 20 June 2017) Federal investigators probing the lobbying work of ousted national security adviser Michael Flynn are focused in part on the role of Bijan Kian, Flynn’s former business partner, according to a person interviewed by the FBI. In private conversations with...
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2017/11/30
Issue: Climate Change, European Union, OECD, Transparency
(CEE Bankwatch Network, Prague, 22 November 2017) In 2015-2017 Finance & Trade Watch and CEE Bankwatch Network together with its national partners researched export credit agencies (ECAs) in seven countries of the European Union (Austria, Czech Republic, Croatia, Hungary, Poland, Romania...
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2017/10/31
Country: China, France, Germany, Italy, Japan, Russia, Sweden
ECAs: COFACE, Euler Hermes Deutschland AG, EXIM Bank China, Japan Bank for International Cooperation, SACE S.p.A.
Issue: Oil, Gas and Mining, Transparency
(ECA Watch, Ottawa, 30 October 2017) French ECA BPI has announced a €350 million guarantee contract with TechnipFMC for the development of the controversial $27 billion Yamal LNG project in Russia's far north. German Japanese,...
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