Publications Index
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2005/08/03
August 10, 2005 (The Post, Zambia) — Equinox Minerals, a Canadian-Australian listed company, is proceeding with a USD $305M investment in a Zambian copper mine with support from South African and Australian ECAs, as well as from a group of international financial institutions and private banks.
2005/08/02
August 9, 2005 (BBC) — Environmental organisations have warned that major banks may be contravening their environmental and social policies by helping to finance controversial projects indirectly.
2005/08/01
July 27, 2005 (Eurasia Daily Monitor) — A staggering USD $10B cost overrun— double initial estimates— plus a delay in the first LNG shipment from the end of 2007 to summer 2008 have significantly reduced the value of Shell's assets on Sakhalin. US, UK and Japanese ECAs are funding major shares of... more
2005/07/06
June 2005 (Source: Friends of the Earth, UK) — Friends of the Earth UK has again mounted a letter-writing campaign to stop the Ilisu Dam in Turkey. After a successful campaign by NGOs, Balfour Beatty pulled out of the controversial project. However, the German company Siemens has now shown an... more
2005/07/05
June 23, 2005 (Source: Le Gouvernement Wallon, Belgium) — The Belgian Government of the Walloon Region has revoked the export license of arms company New Lachaussée to build an ammunition factory in Tanzania; the Belgian ECA Ducroire will not be... more
ECAs: Ducroire/ Nationale Delcrederedienst
Issue: Arms Trade
2005/07/04
July 2, 2005 (Financial Express) — A recent airshow in Paris saw a number of large aircraft orders from India, both from established airlines such as Jet and newer entrants. This has naturally elicited a substantial amount of interest in the area of how aircraft purchases are financed. Longer term... more
2005/07/03
May 19, 2005 (Source: Fondation Camerounaise pour une Action Rationalisée des Femmes sur l'Environnement [FOCARFE], Cameroon) — One year after the Chad-Cameroon Pipeline's opening, numerous claims from affected populations continue to arise.... more
2005/07/02
July 6, 2005 (Source: IRN) — The Merowe/ Hamadab dam is the largest hydropower project that is presently being developed in Africa. The International Rivers Network and Cornerhouse summarize the responses to their report on the Merowe Dam Project in Sudan published in early May 2005 and other... more
2005/07/01
June 22, 2005 (Source: ECA Watch) — Today the ECA Watch campaign participant FERN organized a meeting with the EU's Council Working Group on Export Credits in Brussels. Civil society representatives highlighted four key issues. Their presentations are outlined below.
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2005/06/12
June 16, 2005 (Source: ECA Watch [FERN, WEED]) — Turkish community representatives have gone to Brussels to ask the EU to monitor plans for the Ilisu dam as Turkey progresses toward membership, claiming that the project doesn't... more
2005/06/11
June 14, 2005 (Source: ECA Watch) — A number of news items in the press this month highlight the important role of export credit agencies in the finance of new aircraft, primarily from Boeing and AirBus, but with some competition from Bombardier of Canada and Embraer of Brazil, especially for... more
2005/06/10
May 27, 2005 (Xinhuanet, China) — The Brazilian state-owned oil company Petrobras has announced the signing of four agreements with Japan, including one establishing a strategic partnership between the firm and the Japanese Bank for International Cooperation (JBIC), consolidating old ties between... more
2005/06/09
May 27, 2005 (EDIE.net, UK) — An ECGD-backed water project in Tanzania has been cancelled by the government, causing the British water company Biwater to file suit against the country. The contract was cancelled after complaints that the water supply had gotten worse, not better, since the contract... more
2005/06/08
May 24, 2005 (Rediff.com, India) — The plan to restart the ill-starred Dabhol power project has received another blow with two of the 19 foreign banks involved in financing the plant refusing to sign the proposed settlement with Indian banks. The settlement plan included steps to buy out the... more
2005/06/07
June 6, 2005 (Mid East North Africa Financial Network) — Given that nuclear technology sales to China would help the United States address its massive trade imbalance with the Chinese, the US Nuclear Regulatory Commission has cleared the transfer of technology while the US Export-Import bank has... more