Publications Index
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2011/12/07
(Forex News, 6 December 2011) Boeing forcasts airlines will avert a shortfall in aircraft financing next year by relying increasingly on capital markets and alternative sources as pressure grows on European banks... Export credit agencies such as the Export-Import Bank in the United States should... more
Issue: Aircraft
2011/12/06
(CreditMan, London, 5 December 2011) “Despite the co-ordinated Central Banks’ actions over the last months we need quick and powerful solutions this week”, says Johan Schrijver, President of the Berne Union. This is the world association of export credit insurance companies, insuring annually $ 1.5... more
2011/12/05
(Ekklesia, London, 30 December 2011) The Department for International Development admits that if the UK writes off export credit debt owed by Sudan, the money will be counted as aid. But critics point out that Sudan has made no repayments for 27 years and that nobody realistically expects them to... more
2011/12/04
(ECA Watch, Ottawa, 8 December 2011) ECA Watch's submission notes, despite growing clarity that there is a state duty to protect human rights, which includes the operations of state institutions, including export credit agencies (ECAs), ECAs continue to finance exports and investments that are... more
2011/12/03
(Eurodad, Brussels, 6 December 2011) Export Credit Agencies are debt-creating agencies. The loans they create are driven by the interests of exporters and their home countries, rather than a concern for whether the loans are useful to the host country. This report shows that export credit... more
2011/12/02
(Independent, London, 11 December 2011) NGOs say Ministers have reneged on a coalition promise to champion British firms investing in clean energy. A deal, which will see UK Export Finance guarantee a loan to the Brazilian oil firm Petrobras for deep-water oil drilling, is contrary to a government... more
2011/12/01
(ECA Watch, Ottawa, 30 December 2011) In June 2007, the OECD's Export Credit Working Group agreed "in the light of experience, [to] review all elements of [the Common... more
2011/11/12
(Telegraph, London, 10 November 2011) The Government has torn up its sixth-month-old small business export assistance targets in the face of the weakening economy, trade minister Lord Green has said... The Export Credit Guarantee Department, which insures exporters against the risk of their... more
2011/11/11
(Kaieteur News, Georgetown, 20 November 2011) After vehemently denying claims that it approves contracts, the government of Guyana was forced to admit that it approved the airport expansion project for which it secretly signed a deal with a Chinese firm, China Harbour Engineering Company (CHEC).... more
2011/11/10
(IEWY News, Brussels, 23 November 2011) The European Commission has concluded that a Portuguese scheme providing short-term credit insurance, including export credit insurance, significantly below market price was in breach of EU rules as it distorted competition with rivals in Portugal and... more
2011/11/09
(Jakarta Post, Jakarta, 17 November 2011) Indonesia Eximbank, also known as the Export Financing Agency, said that the palm oil industry accounted for most of its buyers’ credit amid the company’s efforts to diversify its financing disbursement... Eximbank senior managing director Arifin Indra said... more
Briefings & reports from ECA watch members
2011/11/08
Issue: Common Approaches, Human Rights, OECD
Letter from ECA Watch to members of the OECD's ECG, November 8, 2011.
Among other issues, ECA Watch responds to text concerning human rights in the latest draft revision of the Common Approaches.
Letters & statements
2011/11/08
Issue: Climate Change, Large Dams, Nuclear, OECD, Oil, Gas and Mining, Renewables
Member: Both ENDS, Corner House, Counter Current, Finance & Trade Watch, Euronatura, FERN, Friends of the Earth Japan, Above Ground, Les Amis de la Terre, Observatory on Debt in Globalization, , Re:Common, urgewald
(8 November 2011) This letter from ECA Watch outlines the...
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2011/11/08
(Oman Daily Observer, Muscat, 21 November 2011) Oman's Export Credit Guarantee Agency SAOC (ECGA) hosted the bi-annual meeting of the Prague Club at the Crowne Plaza Muscat last week. The three-day workshop and meeting, which began on November 14, was attended by representatives of national and... more
2011/11/07
(Oxfam Australia, Melbourne, November 2011) This report documents the process and outcomes of the LNG Impact Listening Project, which brought together civil society and community-based organisations working in 4 villages affected by the Exxon ECA supported LNG Project in Central Province, Papua New... more