Denmark’s export credit agency is gearing up to sign several “large” transactions in Ukraine after securing a significant funding injection from the Danish state to support Kyiv’s rebuild efforts.| Global Trade Review (GTR)
The European Union is advancing plans to launch its inaugural risk-sharing instrument for the export credit sector, with a pilot initiative aimed at boosting SME exports to war-torn Ukraine. The European Commission is developing the scheme alongside the EU’s SME financing arm, the European Investment Fund (EIF), which is expected to guarantee export credit deals ...| Global Trade Review (GTR)
The European Commission (EC) has said it is mulling the launch of a new EU export credit facility as part of broader plans to help domestic exporters take on global competitors. The EC broached the idea for the new facility in a review into the bloc’s trade strategy in the coming years, published in February, ...| Global Trade Review (GTR)
The EU is weighing the launch of an export credit facility that could reinsure member state export credit agencies (ECAs) and refinance commercial loans, as it seeks to arrest the relative decline in exports from the bloc to key overseas markets. The European Commission, parliament and member states are now in talks to devise a ...| Global Trade Review (GTR)
The EU has taken aim at Russia’s liquefied natural gas (LNG) sector for the first time in its latest round of sanctions against Moscow, yet experts say the measures are unlikely to dent Russian gas exports. This week, the European Council adopted its 14th package of Russian sanctions, introducing a range of new energy-related restrictions. ...| Global Trade Review (GTR)