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A comprehensive description of the official export credit systems of OECD Member countries and non-member economies.
This 2005 update to Export Credit Financing Systems includes 8 updated country chapters, updated text to the Arrangement on Officially Supported Export Credits and the related Recommendation on environment, and revised Foreward, Introduction and Table of Contents.
Financing is essential for international trade, and the world's official export credit agencies play a vital role by providing, loans, guarantees and insurance for such finance. This publication offers a comprehensive description of the official ...
Having regard to the Convention on the Organisation for Economic Cooperation and Development of 14th December 1960 and, in particular, to Article 5 b) thereof.
The export financing systems of 34 economies are described in this book; 29 are OECD countries and are Members of the OECD Working Party on Export Credits and Credit Guarantees (ECG) (Iceland is currently not an ECG Member). Except for Hungary, Mexico, Poland and Turkey, these OECD countries also constitute the Participants to the Arrangement on Officially Supported Export Credits (the Arrangement); Hungary and Poland are Observers to the Group of Participants. The five non-member economies (Chinese Taipei; Hong Kong, China; Romania; Singapore; Slovenia) whose export financing systems are described in this book, are neither Members nor Observers to the ECG or to the Group of Participants. They have, however, undertaken to endeavour to comply with the guidelines of the Arrangement.