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2006/05/02
A May 29, 2006 consultation in Paris brought ECA Watch members, TUAC, BIAC and European banking officials together with delegates of the... more
2006/05/01
(ECA Watch, Paris, 15 May 2006) The export credit agencies (ECAs) of the OECD have agreed on improved common measures aimed at avoiding taxpayer support for export contracts that are tainted by bribery.
2006/04/10
(International Rivers Network, Berkeley, 28 April 2006) The government of Mozambique announced last Friday, 21 April, that the Export-Import Bank of China (Sinosure) has agreed to back the construction of the proposed Mphanda Nkuwa Dam, worth over US $2 billion. The financial agreement comes at... more
2006/04/09
(The Corner House, Dorset, 28 April 2006) The Corner House, Friends of the Earth (England, Wales and Northern Ireland) and WWF-UK... more
2006/04/08
(Finnish News Agency, Helsinki, 28 April 2006) Topi Vesteri, the vice chief executive of Finnvera, the Finnish export credit guarantee body, was quoted as saying in the Friday issue of business daily Kauppalehti that it would have to reappraise its role in the mill being built by pulp maker... more
ECAs: Compañía Española de Seguros de Crédito a la Exportación, Finnvera
Issue: Pulp and Paper
2006/04/07
(Reuters, Abuja, 26 April 2006) Nigeria agreed to give China four oil drilling licences in exchange for a commitment to invest $4 billion (2.2 billion pounds) in infrastructure in a deal signed by President Hu Jintao. Another agreement set up a $500 million export credit from the Eximbank of China... more
2006/04/06
(Washington Post, 22 April 2006) Statistics on Chinese foreign assistance are patchy, but James A. Harmon, a former head of the U.S. Export-Import Bank, estimates that China's export credit agencies will finance about $160 billion worth of exports by 2010, some 10 times the volume financed by its U... more
2006/04/05
(EDC, Ottawa, 25 April 2006) An EDC report addresses the latest global export conditions, including perspectives on interest rates, exchange rates, as well as export strategies to help Canadian companies minimize risk. "In addition to the global dominoes tumbling into one another, there is a more... more
2006/04/04
(Sudan Tribune, Khartoum, 22 April 2006) Three people were killed and more than fifty wounded in an attack carried out on a community meeting of people to be displaced by the Merowe Dam currently under construction in the Sudan. The dam is financed by the China Exim Bank and different Arab Funds,... more
2006/04/03
(JIBC, Tokyo, 27 April 2006) Japanese ECA JIBC publishes a list of projects for which it has environmental impact statements and, unlike most other OECD based ECAs, also publishes a list of Category A, B and C projects.
2006/04/02
(OECD, Paris, 11 April 2006) The OECD's Export Credit Working Group secretariat has published summary data on ECA activities from 1998 to 2004. The OECD has only published this data in PDF format but ECA Watch has converted it into a spreadsheet to permit a broader analysis of the statistics. A... more
2006/04/01
(Reuters, Brussels, 3 April 2006) European Union countries are inflating their aid figures by a third, a coalition of non-governmental organisations said on Monday, urging the 25-nation bloc to provide more cash and give genuine data. "It is largely export credit debt, which was issued primarily as... more
2006/03/12
(Business Standard, New Delhi, 18 February 2006) From March, Indian exporters will get insurance coverage for long-term exports similar to those of their counterparts in the US, Australia, Belgium, Canada, France and Germany. The commerce ministry has moved to create a national export insurance... more
2006/03/11
(Nhan Dan, Hanoi, 17 February 2006) Construction of the biggest diesel engine manufacturing factory in Vietnam was kicked off on February 16 at the An Hong Industrial Zone in the northern port city of Haiphong. Total investment for the factory is put at VND 500 billion (US$31.4 million). Of which... more
2006/03/10
(Berne Union, London, March 2006) The Berne Union, an association of private, OECD and non-OECD public ECAs announced that they collectively supported some 10% of world trade in 2005.