export credit

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Related to export credit: Export Credit Guarantee Department
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Noun1.export credit - a credit opened by an importer with a bank in an exporter's country to finance an export operation
credit - money available for a client to borrow
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An export credit guarantee will be granted only for exports of goods of Lithuanian origin to countries where there is a high risk of non-settlement and will allow Lithuanian exporters to sell goods with a deferred payment option, covering up to 90 per cent of losses incurred due to the insolvency of the buyer.
The agreement, which titled 'the Export Credit Support Scheme (ECSS)', was signed by Benedict Oramah, President of Afreximbank, and Mervat Soltan, Chairperson of EBE.
Muscat, Aug 5 (ONA) The Board of Directors of the Export Credit Guarantee Agency of Oman (Credit Oman) approved a total credit limit of RO 2,278,000 during its 6 th meeting this year held under the chair of Said bin Saleh al-Kiyoumi, Chairman of the Board of Directors of Oman Chamber of Commerce and Industry (OCCI).
Ahmed Babiker noted that the agency has recently renewed the agreement on re-insurance of export revenues with the Islamic Corporation for the Insurance of Investment and Export Credit of the Islamic Bank in Jeddah, adding that the agency has obtained large ceilings for importers of Sudanese goods including the return of all export earnings, especially gum Arabic and livestock.
MANAMA: Alba, a leading aluminium smelter, has successfully closed the first tranche of $700 million from Export Credit Agency (ECA) covered facilities to finance Power Station 5 and Power Distribution System - which is a part of the Line 6 Expansion Project.
The commerce department is expected to push for higher interest subsidy and a wider export credit insurance as it seeks to make life easier for small exporters.
8m) from facilities supported by Export Credit Agency (ECA) to finance its Line 6 Expansion Project.
Alba), home-base of the Line 6 Expansion Project, has announced that it has secured commitments of circa $ 700 million from Export Credit Agency (ECA)-supported facilities to finance Line 6 Expansion Project.
As the UK's export credit agency and a government department, we help UK exporters by providing insurance to exporters and guarantees to banks to share the risks of providing export finance.
Financial institutions can help to calm these nerves in a variety of ways, including by offering export credit insurance or a letter of credit.
Step-2 payments and agricultural export credit guarantees for cotton were prohibited subsidies under WTO rules and should be withdrawn.
With continuing development of economic relations between Japan and Indonesia, ASEI and NEXI, as state-owned Export Credit Agencies, have taken an active role in improving the trade climate for Japanese companies through the ASEI - NEXI Export Credit Insurance and Domestic Credit Insurance programs.

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