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2006/07/10
(Ex-Im Bank, Washington, 11 July 2006) PowerLight Corporation of California will export equipment and services for a 1-megawatt solar power project in Gwangju, Korea, with a 15-year, $7.8 million loan guarantee from the Export-Import Bank of the United States. PowerLight is the first U.S. exporter... more
2006/07/09
(ResourceInvestor.com, Saudi Arabia, 12 July 2006) -- Senior government officials, state royalty and top energy industry executives from 32 countries were among those on hand at the official inauguration ceremony of the final section of the BP-led partnership's Baku-Tbilisi-Ceyhan (BTC) oil... more
2006/07/08
(DCAAT, Amsterdam, 24 July 2006) The Dutch Campaign Against Arms Trade has produced a brochure on ECAs and the arms trade. For information on export credit agencies and arms trade, contact www.stoparmstrade.org,... more
2006/07/07
(BBC, London, 18 July 2006) Of all the planes sold [at the Farnborough air show], between 20-30% will be financed with the help of an export credit agency
2006/07/06
(JIBC, Tokyo, 21 July 2006) The Japan Bank for International Cooperation has published it's latest set of Category A, B and C projects received for screening. SACE of Italy has begun to publish it's projects as well... more
2006/07/05
(Amnesty International, London, 25 July 2006) In Amnesty International's new publication, "HUMAN RIGHTS, TRADE AND INVESTMENT MATTERS",... more
2006/07/04
(IRNA, Tehran, 21 July 2006) Iran remains among the most active markets provided with financial support underwriting of export credits by the British government, despite a deterioration in political relations. Iran has also... more
2006/07/03
(Ex-Im Bank, Washington, June 2006) Over the past year, OECD ECAs have regularly cited emerging market ECAs as serious competition for them, particularly since they do not have to follow the Common Approaches recommendation on environmental and social standards. Who are these emerging ECAs? The US... more
2006/07/02
(WSJ, Noumea, 12 July 2006) With easy nickel fading fast, miners go after the tough stuff --- Inco tries again at 'Goro' site using acid and heat; Protests in New Caledonia --- Company's trucks go missing
2006/07/01
(Both Ends, Amsterdam, 5 July 2006) The Netherlands Ministry of Finance announced today (July 3, 2006) its first agreement for a swap of its exposure on Indonesia. A risk of € 50 million of Atradius-DSB on Indonesia is exchanged for the same amount of risk of the Danish EKF on Vietnam.
2006/06/11
Made up of 19 of the world's richest nations, the Paris Club was formed in 1956 as an informal group of creditor governments to manage their collective debt portfolio. Since 1983, the Club has covered some 504 billion dollars of debt originally given through bilateral, and wrongly labeled, "aid"... more
2006/06/10
(Reuters, Washington, 20 June 2006) The United States is ready to tap its export credit "war chest" for the first time in years to protect GE from what it considers unfair South Korean competition for a sale of 50 locomotives, a U.S. Treasury official said on Tuesday.
2006/06/09
The AES Corporation of the U.S. officially started the construction Tuesday of a $1.4 bln 670MW lignite-fired power plant in Bulgaria. Financing for the project is through a consortium comprising the European Bank for Reconstruction and Development, Calyon, BNP Paribas and ING Bank. German and... more
2006/06/08
(FoE Australia, 19 June 2006) In terms of directly funding global warming through its aid program, Australia is playing an especially poor game: we have greatly reduced our funding for renewable energy programs in our aid program in recent years, while EFIC - the Australia Export Credit Agency -... more
2006/06/07
.(Rheebu Nuu, Point Zero, Paris, 23 June 2006) An admnistrative tribunal in New Caledonia on 14 June 2006 annuled Canadian mining giant Inco's mine operating permit, noting that environmental impact studies were inadequate. A delegation of Kanak leaders and environmentalists have been in Paris this... more