Do Swedish ECAs support exports at the expense of human rights?

Through its export credit agencies (ECAs) EKN and SEK, the Swedish state insures and finances Swedish companies' export. These operations are extensive. The Swedish ECAs have in their portfolios the responsibility for hundreds of billions of Swedish kronor, and in 2012 alone EKN guaranteed transactions of a value of 49 billion SEK in 123 countries. In two previous reports, Amnesty International and Diakonia examined and followed up the extent to which EKN and SEK take account of human rights in their credit assessments. Although the follow-up report from 2012 showed that steps had been taken in the right direction such as greater transparency, new procedures and new policy documents, we can note in our third report that large gaps still exist.

Read the report here.