Publications Index
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2007/08/01
(Corner House, Devon, 15 August 2007) ECA Watch member Corner House and the WWF-UK have filed court proceedings against ECGD to expose operations that undermine the UK’s “ethical foreign policy” and are seriously damaging the... more
2007/07/09
(OECD, Paris, 30 July 2007) Major civil aircraft exporting countries, including OECD countries and Brazil, have signed an agreement limiting government support for export deals in an effort to end... more
2007/07/08
(IPS, Beijing, 5 July 2007) After a series of failed administrative campaigns to enforce pollution controls, China is now hoping to use financial means to restrain its big polluters. A new green credit policy would evaluate the eligibility of companies for loans based on their environmental... more
2007/07/07
(ECGD, London, 19 July 2007) ECGD, the UK’s official export credit agency, today published its Annual Review and Resource Accounts 2006-07, showing it provided £1.8 billion (US$3.66 billion) of support to UK exporters and UK investors undertaking business overseas. The report showed ECGD issued 91... more
2007/07/06
(Guardian, London, 2 July 2007) Royal Bank of Scotland, ABN Amro and the government's export credit agency have been told by green campaigners not to consider funding or underwriting Shell's Sakhalin-2 gas project in Russia because of continuing environmental concerns. NGOs note that violations of... more
2007/07/05
(Reuters, London, 30 July 2007) - Fitch Ratings said on Monday it had withdrawn the rating on a $1 billion sale of bonds led by ABN AMRO and backed by loans made by guaranteed export credit agencies. The... more
2007/07/04
(Bloomberg, New York, 2 July 2007) Private equity capital flows have become huge in international financial markets where ECAs compete. One PE firm alone, Kravis and Roberts, directs an industrial empire that dwarfs some of the world's largest corporations. As of 31 May 2007 KKR had a hand in 36... more
2007/07/03
(Berrett-Koehler, San Francisco, February 2007) In Chapter 10 of this book, Bruce Rich looks at the secretive world of ECAs and the damage they cause around the world. Export credit agencies have quietly become the... more
2007/07/02
2007/07/01
(ENAAT, Amsterdam, 10 July 2007) The European Network Against the Arms Trade has released its report "European Export Credit Agencies and the financing of arms trade". A compendium of data and case studies, the report explores the roles of 12 ECAs from 11 European countries in supporting military... more
Issue: Arms Trade, Human Rights
2007/06/11
(Thomson Financial, London, 26 June 2007) - The government said it has dropped plans to set up the Export Credit Guarantee Department (ECGD) as a trading fund. This pilot structure was established in 2004 in an effort to make the ECGD more responsive to market forces and flexible with respect to... more
2007/06/10
(CAP, Washington, 13 June 2007) The Centre for American Progress has called on the US Treasury Department to coordinate the Export Credit Agency policies of countries around the world to facilitate funding for... more
2007/06/09
(MineWeb, Perth, 16 June 2007) The Australian Government's export credit agency, EFIC, believes that Africa is now more important to corporate Australia as a result of the effect the minerals boom is having on the continent. EFIC's chief economist Roger Donnelly said that a hunt for new commodity... more
Letters & statements
2007/06/08
Country: Belgium
(June 8, 2007) A delegation of representatives from the region Hasankeyf/Diyarbakir in Southeast Turkey visited Brussels from 15 to 17 June 2005 to discuss the planned Ilisu dam project in the context of Turkey’s process of accession to the European Union. The delegates say that...
more Dodgy Deal: Ilisu Dam
Issue: European Union, Large Dams
Member: FERN
Briefings & reports from ECA watch members
2007/06/08
(June 8, 2007) In a workshop held on 11 May 2006, the European Parliament discussed the planned Ilisu dam project in the context of Turkey’s process of accession to the European Union.
Dodgy Deal: Ilisu Dam
Issue: European Union, Large Dams
Member: FERN