(Global Trade Review, London, 31 March 2021) French energy major Total has been forced to suspend operations at its liquified natural gas (LNG) project in northern Mozambique for the second time this year, after a fresh attack by insurgents which killed dozens of local and foreign citizens,...
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2021/03/31
Country: China, France, India, Japan, Korea, United Kingdom, USA
ECAs: COFACE, Export Import Bank of Korea, Export-Import Bank of the United States, Japan Bank for International Cooperation, UK Export Finance (UKEF)
Issue: Climate Change, Human Rights, Oil, Gas and Mining
2021/01/30
Country: China, USA
ECAs: Export-Import Bank of the United States
(Reuters, Washington, 18 January 2021) The head of the Export-Import Bank of the United States (EXIM) on Monday urged the Biden administration to keep pushing to neutralize Chinese export subsidies and help U.S. companies compete, building on gains made under Donald Trump. Chairman Kimberly...
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2020/12/30
Country: China, USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights, Transparency
(Market Screener, Annecy, 8 December 2020) EXIM, the U.S. export credit agency that is supposed to support U.S. jobs by financing exports of U.S.-made goods, is instead considering extreme proposals to destroy requirements that tie financing to domestic content rules. Under the guise of...
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2020/12/30
Country: China, USA
ECAs: EXIM Bank China, Export-Import Bank of the United States, Sinosure
Issue: Common Approaches, OECD, World Trade Organization
(The Hill, Washington, 17 December 2020) [An example of political influences on EXIM vs the OECD's purely economic free market level playing field.] One year ago, under President Trump’s leadership, Congress came together across party lines to re-authorize EXIM, our nation’s export...
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2020/11/30
Country: Brazil, China, Japan, Mexico, South Africa, USA
ECAs: Japan Bank for International Cooperation
Issue: Climate Change
(Automotive News Europe, Detroit, 26 November 2020) Japan's state-owned export credit agency has agreed to give Nissan up to $2 billion as part of a credit agreement to help it finance car sales in the U.S. The money should help Nissan to sell cars in the world's second-biggest auto market...
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2020/10/28
Country: China, USA
ECAs: EXIM Bank China, Export-Import Bank of the United States
(Fox News - Opinion, Washington, 17 October 2020) Kimberly Reed: The latest manifestation of China’s economic aggression is the increasing use of export financing to distort fair and free-market competition. In 2019 alone, communist China provided three times the export financing of the next-...
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2020/09/30
Country: China, USA
ECAs: EXIM Bank China, Export-Import Bank of the United States, Sinosure
(EXIM, Washington, 9 September 2020) EXIM announced today the appointment of 17 members to its Advisory Committee, and establishment of a new EXIM Advisory Committee Subcommittee on Strategic Competition with...
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2020/09/29
Country: Brazil, Canada, China, France, Germany, India, Italy, Japan, Korea, Russia, United Kingdom, USA
ECAs: COFACE, Euler Hermes Deutschland AG, EXIM Bank China, Export Development Canada, Export Import Bank of Korea, Export-Import Bank of the United States, Japan Bank for International Cooperation, SACE S.p.A., UK Export Finance (UKEF)
Issue: Transparency
(Global Trading Magazine, Dallas, 25 September 2020) At the Sept. 9 end of the two-day 2020 G12 Heads of Export Credit Agencies (ECAs) meeting, which EXIM Bank hosted virtually from its Washington, D.C. headquarters, the 12 Heads of ECAs issued its first-ever G12 joint statement. ECAs involved...
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2020/07/30
Country: China, USA
ECAs: EXIM Bank China, Export-Import Bank of the United States, Sinosure
Issue: OECD, Transparency, World Trade Organization
(TXF News, New York, 16 July 2020) The US administration [and corporate media] has drastically upped the ante in its economic war against China with its actions against Huawei. At the same time, US Exim has been charged to not only promote US exports and jobs but also counter Chinese...
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2020/06/29
Country: Canada, China
ECAs: EXIM Bank China, Export Development Canada, Sinosure
Issue: Climate Change, Oil, Gas and Mining
Member: Above Ground, Friends of the Earth USA
(Above Ground, Ottawa, 15 June 2020) A recent report from Oil Change International and Friends of the Earth U.S. reveals that...
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2020/06/29
Country: China, France, Germany, Italy, United Kingdom, USA
Issue: Aircraft
(Reuters, Paris, 9 June 2020) France launched what it billed a 15-billion-euro ($17 billion) support plan for its aerospace industry on Tuesday, accelerating research on a green jetliner and warning 100,000 French jobs could be lost due to the coronavirus crisis. The plans - which include 7...
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2020/03/31
Country: China, India, USA
Issue: BRIC countries
(Sputnik, Moscow/New Delhi 3 March 2020) The US and China are still engaged in a trade dispute, and the spread of the coronavirus makes a deal less likely, at least in the short-term. The Indian Finance Ministry has revealed that amid the US-China trade war, its exports to the two countries...
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2020/02/29
Country: Canada, China, Japan, Korea, United Kingdom
ECAs: Export Development Canada, Export Import Bank of Korea, Japan Bank for International Cooperation, Sinosure
Issue: Oil, Gas and Mining
Member: Friends of the Earth USA
(Space Daily / AFP, Paris, 30 January 2020) Rich nations are funnelling cash through government-backed financial institutions to provide $30 billion to fossil fuel projects each year that "run counter to the Paris Agreement", a new analysis showed Thursday. The export credit agencies (ECAs) of...
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2019/12/31
Country: China, Finland, Sweden, United Kingdom, USA
Issue: OECD, Transparency, World Trade Organization
(Zdnet, York PA, 26 December 2019) Huawei Technologies has lashed out at a Wall Street Journal report that suggests the tech giant's success is fuelled by billions of dollars in financial support from the Chinese government, arguing that its ties are no different from any other "private company...
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2019/12/30
Country: China, USA
ECAs: Export-Import Bank of the United States
(Space News, Washington, 21 December 2019) The year-end spending package President Trump signed into law late December 20 includes a 7 year re-authorization for EXIM, a lending agency that has been largely sidelined as a source of cheap financing for U.S. satellite deals since Congress let Ex-...
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