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2008/01/09
With complex roots going back 20 years or more, the current unrest in Chad is linked in part to oil revenues from an OECD export credit agency supported pipeline project that has created economic, environmental and social conflicts which could have been avoided if proper standards had been... more
2008/01/08
(Thomson Financial, MILAN, 8 Jan. 2008) The Italian economy ministry said it has appointed Lehman Brothers as its advisor to assess strategic options to boost the value of SACE, the state-owned export credit insurance company. SACE could open up its capital to investors either through a stock... more
2008/01/07
(eGov Monitor, London 14 January 2008) UK Minister of State for Energy Malcolm Wicks today announced the appointment of a new interim chairman of the Export Guarantees Advisory Council (EGAC). Professor Jonathan Kydd, a development economist and Dean of the University of London's External System,... more
2008/01/06
(AllAfrica News, 23 Jan. 2008) During his recent visit to China, World Bank President Robert Zoellick restated the Bank's interest in teaming up with the Export-Import Bank of China (China Exim), the country's official export credit agency on financing development projects in Africa. The... more
2008/01/05
(Jakarta Post, Jakarta, 31 January 2008) As thousands of its workers were staging a rally opposing a restructuring plan, state electricity firm PT PLN signed Wednesday a loan agreement worth US$615 million with China Exim Bank to finance the construction of two power plants in Java. The loans will... more
2008/01/04
(Moscow Times, London, 4 February 2008) Britain has yet to reach a decision on a $1 billion loan for the Sakhalin-2 oil and natural gas development after four years of deliberating, an official said Friday. Britain's Export Credit Guarantee Department has not decided whether the project meets its... more
2008/01/03
(Reuters, New York, 5 February 2008) - Peru's Camisea II liquefied natural gas exporting project will receive a $300 million loan from the international finance corporation of the World Bank officials said on Tuesday. OECD export credit agencies in the UK, USA, Italy and Korea are also considering... more
2008/01/02
(RAN, San Francisco, 4 February 2008) Three U.S. banks have released a set of principles that could affect lending to coal-fired power plants. The Rainforest Action Network notes that the so-called "Carbon Principles" could be an important step toward recognizing the climate risks associated with... more
2008/01/01
(FERN, Brussels, January 2008) FERN's new report (PDF) explains how the Aarhus Convention on access to environmental information, public participation in decision-making and access to justice in environmental... more
Issue: Transparency
2007/12/09
(OECD, Paris, 14 December 2007) OECD Member countries of the Working Party on Export Credits and Credit Guarantees (ECG) submit their cash flow results for officially supported export credits to the OECD Secretariat on an annual basis. Five tables provide 2006 and previous years’ results which are... more
2007/12/08
(South China Morning Post, Beijing, 19 December 2007) The Export-Import Bank of China (Chexim) and the World Bank are planning joint development projects in Africa, a move Beijing hopes will calm international criticism of its growing political and economic clout on the continent.... more
2007/12/07
(CanWest News Service, Toronto, 12 December 2007) It's time for Export Development Canada to begin to withdraw from the short-term export credit insurance business, says the C.D. Howe Institute. The business think-tank... more
2007/12/06
(Business & Human Rights Resource Centre, London, 12 December 2007) A recently released UN Special Representative on Business and Human Rights consultation report addresses the challenges of incorporating human rights considerations into the provision of assistance, with a particular focus on... more
2007/12/05
(PRNewswire, Sao Paulo, 13 December 2007) In a move highlighting the growing importance of BRIC based exports and export credits, BRASKEM , a leading Latin American thermoplastic resins company and 3rd-largest Brazilian private sector industrial company, announced in partnership with state-owned... more
2007/12/04
(Islamic Republic News Agency, Tehran, 13 December 2007) China has been the biggest foreign investor in Iran during 2000-2007 followed by France and Germany, according to the American Enterprise Institute (AEI) data on foreign investments in the Islamic state by major industrial countries,... more