Korean, Spanish and Italian ECAs work together

(Korea Herald, Soeul, 15 Feb. 2007) The Korea Export Insurance Corporation has signed Memoranda of Understanding with the Italian Export Credit Agency (SACE) and the Spanish arm of LG Electronics to provide insurance for exports bound to other countries or for joint ventures in third countries. This appears to be in keeping with a trend of some OECD ECAs to insure trade which includes a broader definition of national interests than just national employment through exports