(Financial Tribune, Tehran, 14 August 2017) Trade with Italy is being restored slower than expected following the removal of international sanctions against Iran over its nuclear program, reads an opinion piece written by Iranian co-chair of Iran-Italy Chamber of Commerce in the news portal of...
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2017/08/30
Country: Iran, Italy, Sweden, USA
ECAs: Export-Import Bank of the United States, SACE S.p.A.
Issue: Aircraft, BRIC countries, Nuclear
2017/08/30
Country: Canada, South Africa
ECAs: Export Development Canada
Issue: Aircraft, Corruption, Transparency
(Globe & Mail, Johannesburg, 3 August 2017) The Canadian government's export agency gave $41-million (U.S.) in financing to help Bombardier Inc. sell a luxury jet to the controversial tycoons at the heart of a South African scandal over alleged high-level corruption, leaked e-mails show....
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2017/08/30
Country: USA
ECAs: Export-Import Bank of the United States
(Politico, Washington, 2 August 2017) President Donald Trump is giving former Rep. Scott Garrett a chance to save his nomination to lead the Export-Import Bank just weeks after the president privately questioned the appointment amid intense pushback from business groups. The New Jersey...
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2017/08/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Arms Trade
(GAO, Washington, 29 August 2017) Every year, the Government Aaccountability Office (GAO) reports on the Export-Import Bank, which helps finance U.S. companies' exports. The Bank may not finance defense goods and services, but it can finance exports that have both civilian and military uses (...
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2017/08/30
Country: USA
Issue: Climate Change, Human Rights, Oil, Gas and Mining
Member: Bank Track
(BankTrack, Nijmegen, 22 August 2017) BankTrack has taken note of the outrageous allegations in the lawsuit that ETP/ETE has filed against BankTrack, Greenpeace International, Greenpeace Inc., Greenpeace Fund, Inc., Earth First!, and other organizations and individuals that together opposed the...
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2017/07/30
Country: Canada
ECAs: Export Development Canada
Issue: Human Rights, Transparency
Member: Above Ground
(Globe and Mail, Toronto, 21 September 2016) In 2015 Netsweeper Inc. of Waterloo Ontario, with support from Export Development Canada, sold Internet filtering technology to the government of Bahrain — a country criticized internationally for widespread suppression of human rights defenders...
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2017/07/30
Country: USA
ECAs: Export-Import Bank of the United States
(Politico, Washington, 17 July 2017) President Donald Trump is standing behind former Rep. Scott Garrett, his choice to head the Export-Import Bank, amid escalating pressure from business groups to pull the plug on the nomination. His record has driven businesses that rely on the agency to try...
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2017/06/30
Country: Canada
ECAs: Export Development Canada
Issue: Human Rights
Member: Above Ground
(Above Ground, Ottawa, 14 June 2017) Our latest correspondence with Export Development Canada (EDC) about the impacts in Colombia of two oil...
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2017/06/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(Defense News, Washington, 20 June 2017) U.S. President Donald Trump has formally nominated former members of Congress, Scott Garrett and Spencer Bachus, to two vacant positions on the U.S. Export-Import bank as expected, a win for the defense and aerospace sector. Trump announced the move in...
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2017/06/30
Country: Italy, USA
ECAs: Export-Import Bank of the United States, SACE S.p.A.
Issue: Aircraft
(Seeking Alpha, Ra'Anana Settlement Israel, 31 May 2017) Boeing has sealed a deal for Italy's export credit agency to provide an initial $1.25B/year in guarantees for jetliner sales, partly to fill the void left by the U.S. Export-Import Bank, which has been restricted since July 2015 when some...
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2017/06/30
Country: China, France, Germany, Italy, Japan, Russia, USA
ECAs: COFACE, Euler Hermes Deutschland AG, EXIM Bank China, Japan Bank for International Cooperation, SACE S.p.A.
Issue: Oil, Gas and Mining
(Your Oil & Gas News, Edinburgh, 1 June 2017) Yamal LNG announced the signing of agreements with several European banks, inter alia Raiffeisen Bank International AG and Intesa Sanpaolo for up to 425 million with insurance coverage provided by the Swedish export credit agency EKN and the...
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2017/05/30
Country: USA
ECAs: Export-Import Bank of the United States
(National Public Radio Newsworks, Delaware, 16 May 2017) Republicans who want to disband the Export-Import Bank of the United States were heartened during the presidential campaign when candidate Donald Trump indicated he would kill it if he were elected president. Now, President Trump said he...
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2017/05/30
Country: USA
ECAs: Export-Import Bank of the United States
(Sputnik News, Washington, 15 May 2017) Trade finance to Cuba is not expected in the near future because of the quantity of work that needs to be completed, including the country's payments due to export credit agencies, US Export-Import Bank (Ex-Im) Business Development Officer Kate Bishop...
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2017/05/30
Country: India, USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(eTurbo News, Hawaii, 11 May 2017) A recent high-profile example of Delta’s advocacy agility was its position on export credit financing and reauthorization of the Export-Import Bank (EXIM). Delta opposed it before it supported it. In the beginning, Delta was a leading voice opposing...
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2017/04/27
Country: Canada, India
ECAs: Export Development Canada
(Business Wire, Mumbai, 2 April 2017) Export Development Canada today announced its new and first global branch outside of Canada, in Singapore. “EDC’s new branch can process transactions in real time for Indian companies, eliminating the previous 12 hour delay to connect back to our financing...
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