(Spacenews, Glasgow, 18 July 2013) Britain’s export-credit agency, U.K. Export Finance, is unable to match the low-interest loans for satellite projects that its U.S., French, Canadian and Japanese counterparts offer because of national regulations that forbid interference with the private...
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A new hard-hitting briefing from Amnesty International launched July 15 accuses the UK Government of allowing businesses to dip under the human rights radar when it comes to trade and investment. The 30-page document A history of neglect: UK Export Finance and human rights shines a...
more(FreshBusinessThinking, London, 20 June 2013) British businesses received £4.3 billion worth of support from the government through UK Export Finance (UKEF) in 2012-13, up from £2.3 billion in the previous year, and the highest in 12 years.
UKEF support has included:
- £2 billion...
Société Générale has accepted the mandate to structure export financing of Alstom turbines for the controversial Kaliningrad nuclear power project, with a potential export credit guarantee from the French State, via Coface. European NGOs and civil society organizations are organizing street...
more(US State Department, Washington, 11 April 2013) Ministers and senior officials from more than a dozen donor countries met in Washington, D.C. on April 10-11 to discuss ways to meet the challenge of scaling up low-carbon investment in developing countries. Convened and chaired by the USA,...
more(Berne Union, London, 8 April 2013) Atradius Dutch State Business – the Dutch Export Credit Agency – and Exiar – its Russian counterpart – have signed a Memorandum of Understanding (MOU) focused on increasing support to Dutch and Russian companies that jointly conclude export transactions or...
more(Friends of the Earth France, Paris, 26 April 2013) Following in the footsteps of BNP Paribas, the German HypoVereinsbank recently announced that it will not finance the Kaliningrad nuclear power plant in Russia. Today, to mark the anniversary of the Chernobyl disaster, Friends of the Earth...
more(Banktrack, Nijegen, 18 April 2013) A coalition of seven NGOs (BankTrack, Jubilee Australia, Pacific Environment, Act Now! PNG, Mineral Policy Institute, International Accountability Project and Friends of the Earth France) today sent a letter to seventeen banks that are already involved in the...
more(ZDNET, 8 April 2013) Canada's export credit agency is lending European mobile giant Telefonica hundreds of millions of euros to spend on BlackBerry devices and services. The working capital facility from Export Development Canada (EDC) is meant to help the Canadian handset maker grow its...
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