(Lexology, London, 30 April 2020) While businesses lobby governments for support, there have been suggestions that ECAs may need to step up to fill a reduced commercial debt capacity for aircraft. During the 2008-2009 global financial crisis, European ECAs financed up to a third of annual...
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2020/05/30
Country: United Kingdom
ECAs: Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Aircraft, Common Approaches, European Union, OECD
Member: Global Witness
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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2015/04/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft, OECD, World Trade Organization
(The Hill, Washington, 15 April 2015) During congressional hearings, Republicans criticized Treasury Department officials for not negotiating with foreign governments to end subsidized export credit programs, as was mandated in the 2012 reauthorization bill. The Secretary of the Treasury had...
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