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2006/07/06
(JIBC, Tokyo, 21 July 2006) The Japan Bank for International Cooperation has published it's latest set of Category A, B and C projects received for screening. SACE of Italy has begun to publish it's projects as well... more
2006/07/05
(Amnesty International, London, 25 July 2006) In Amnesty International's new publication, "HUMAN RIGHTS, TRADE AND INVESTMENT MATTERS",... more
2006/07/04
(IRNA, Tehran, 21 July 2006) Iran remains among the most active markets provided with financial support underwriting of export credits by the British government, despite a deterioration in political relations. Iran has also... more
2006/07/03
(Ex-Im Bank, Washington, June 2006) Over the past year, OECD ECAs have regularly cited emerging market ECAs as serious competition for them, particularly since they do not have to follow the Common Approaches recommendation on environmental and social standards. Who are these emerging ECAs? The US... more
2006/07/02
(WSJ, Noumea, 12 July 2006) With easy nickel fading fast, miners go after the tough stuff --- Inco tries again at 'Goro' site using acid and heat; Protests in New Caledonia --- Company's trucks go missing
2006/07/01
(Both Ends, Amsterdam, 5 July 2006) The Netherlands Ministry of Finance announced today (July 3, 2006) its first agreement for a swap of its exposure on Indonesia. A risk of € 50 million of Atradius-DSB on Indonesia is exchanged for the same amount of risk of the Danish EKF on Vietnam.
2006/06/11
Made up of 19 of the world's richest nations, the Paris Club was formed in 1956 as an informal group of creditor governments to manage their collective debt portfolio. Since 1983, the Club has covered some 504 billion dollars of debt originally given through bilateral, and wrongly labeled, "aid"... more
2006/06/10
(Reuters, Washington, 20 June 2006) The United States is ready to tap its export credit "war chest" for the first time in years to protect GE from what it considers unfair South Korean competition for a sale of 50 locomotives, a U.S. Treasury official said on Tuesday.
2006/06/09
The AES Corporation of the U.S. officially started the construction Tuesday of a $1.4 bln 670MW lignite-fired power plant in Bulgaria. Financing for the project is through a consortium comprising the European Bank for Reconstruction and Development, Calyon, BNP Paribas and ING Bank. German and... more
2006/06/08
(FoE Australia, 19 June 2006) In terms of directly funding global warming through its aid program, Australia is playing an especially poor game: we have greatly reduced our funding for renewable energy programs in our aid program in recent years, while EFIC - the Australia Export Credit Agency -... more
2006/06/07
.(Rheebu Nuu, Point Zero, Paris, 23 June 2006) An admnistrative tribunal in New Caledonia on 14 June 2006 annuled Canadian mining giant Inco's mine operating permit, noting that environmental impact studies were inadequate. A delegation of Kanak leaders and environmentalists have been in Paris this... more
2006/06/06
(Interfax China, Shanghai, 12 May 2006) As the Three Gorges Dam nears completion, critics fear catastrophe. While the American Ex-Im Bank and the World Bank refused to provide support,... more
2006/06/05
(Jakarta Post, 7 June 2006) Defense Minister Juwono Sudarsono on Tuesday signed an export credit agreement worth US$75 million with his Polish counterpart Radoslaw Sikorski that guarantees the immediate delivery of 10 Skytruck aircraft to Indonesia.
2006/06/04
(Dutch Campaign Against the Arms Trade, Amsterdam, 27 June 2006) Approximately a quarter of the long-term credits and guarantees provided by European ECAs goes to military exports. Military export credits... more
2006/06/03
(China Daily, Shanghai, 16 June 2006) The leaders of the Shanghai Co-operation Organization (SCO) yesterday reiterated their commitment to lasting peace and common prosperity. China has been smoothly implementing its plans to provide US$900 million in loans in the form of preferential buyer's... more