Publications Index
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2008/08/03
(ECA Watch, Ottawa, 21 August 2008) ECA Watch has written to the OECD's Export Credit Secretariat in response to an invitation to participate in an 18 November 2008 consultation meeting between civil society organizations and ECAs. In its letter, the civil society network explains that it has not... more
2008/08/02
(The Corner House, Dorset, 26 August 2008) The Corner House has written to the UK Export Credits Department, raising questions about their due diligence on the conflict risks of the BTC pipeline, which in recent weeks has been subject to bombing by the PKK in Turkey and an airstrike by the Russians... more
2008/08/01
(Financial Times, London, 17 August 2008) The OECD's Anti-bribery Working Group has strongly criticized the UK for its failure to tackle corporate bribery, a move largely spurred by Britain's closure of an investigation into alleged bribery involving a BAE Systems export credit agency supported... more
2008/07/08
(IRN, Berkeley, 13 May 2008) Financial institutions from countries such as China, Brazil, India and Thailand are playing an increasingly active role in financing infrastructure and mining projects around the world. With new loan approvals of $36 billion,... more
2008/07/07
.(The Standard, Hong Kong, 25 July 2008) Chief Executive Donald Tsang Yam-kuen has expressed deep concern over the scandal surrounding former Hong Kong Export Credit Insurance Corporation commissioner Cheung Kam-kay. Cheung has been accused of using public money for "personal entertainment''
2008/07/06
(Halifax Initiative, Ottawa, 30 June 2008) The Halifax Initiative submission, focuses on the environmental, social and human rights standards utilized by EDC when it assesses client proposals. It also examines the legislative provisions governing disclosure by the Crown corporation. The Halifax... more
2008/07/05
(Sudan Tribune, Khartoum, 30 July 2008) Villagers complained Tuesday that a massive Chinese-engineered hydropower dam financed by the China Export Import Bank had deliberately flooded seven small villages and left 200 families homeless. Representatives of an executive committee that represents 25... more
2008/07/04
(UK House of Commons, London, 8 July 2008) In response to an initiative by the WWF, the UK ECA ECGD has agreed to publish the greenhouse gas emissions from its Category A and B projects, subject to various thresholds... more
2008/07/03
(Who Owes Who?, Barcelona, 28 July 2008) Spanish NGOs have expessed concern that new legislation governing Spanish ECA CESCE and external debt management favours Spanish companies over the interests of HIPC countries.
2008/07/02
2008/07/01
(The Corner House, Dorset, 30 July 2008) The law lords have ruled that the Director of the Serious Fraud Office acted legally in terminating the SFO's investigation into alleged corruption by BAE Systems in its dealings in Saudi Arabia. The SFO's decision followed lobbying by BAE and threats from... more
Briefings & reports from ECA watch members
2008/06/08
ECAs: Euler Hermes Deutschland AG
Issue: Aircraft, Climate Change, Oil, Gas and Mining
Member: FERN, urgewald
(June 4, 2008) While the threat of climate change and the urgent need for action become ever clearer, air transport and other polluting industries are expanding on a massive scale. Supposed green pioneers such as Germany are supporting the trade with public money it hands out through its...
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2008/06/08
(The Corner House, Dorset, 11 June 2008) The Serious Fraud Office (SFO) has appealed against the High Court's judgment that it acted unlawfully in terminating a corruption investigation into arms deals between BAE Systems and Saudi Arabia. The appeal will take place at the House of Lords on Monday... more
2008/06/07
(ECA Watch, 30 June 2008) Recent fraud investigations and convictions in ECA cases raise questions about the committment of OECD export credit agencies to due diligence in their monitoring of compliance with their own anti-bribery standards.
2008/06/04
The International Finance Corporation (IFC) US Ex-Im, Kexim and SACE, as well as a commercial bank consortium of Société Générale, BBVA, Calyon, Sumitomo, ING, Mizuho, and Bank of Tokyo Mitsubishi, are providing loans of some $2.25 billion for... more