The UK’s export credit agency has tapped out its £3.5bn underwriting capacity limit for Ukraine after signing a deal for Thales missile exports to the war-torn country. Earlier this month, UK Prime Minister Keir Starmer announced a £1.6bn export finance facility for Ukraine and said the UK Export Finance (UKEF) agreement would help protect critical ...| Global Trade Review (GTR)
Denmark has unveiled a DKK1bn (€130mn) guarantee scheme aimed at boosting Danish investments in Ukraine’s defence sector. Under the initiative, the Export and Investment Fund of Denmark (EIFO) will cover up to 70% of a Danish company’s equity investment in a Ukrainian producer of defence goods. The guarantees will have tenors of no longer than ...| Global Trade Review (GTR)
UK Export Finance (UKEF) has agreed to cover a £12.5mn export contract between project integrator Dints and a buyer in Angola, backing infrastructure and energy development in the country. Under the deal, Apple Bank is providing financing to Portuguese developer MCA for the purchase of various types of equipment from London-based Dints. The firm will ...| Global Trade Review (GTR)
The UK has unveiled a £2bn funding boost for the country’s export credit agency aimed at boosting foreign sales of defence goods such as missiles, aircraft and armoured vehicles to allied partners. The move, announced by UK Chancellor Rachel Reeves on a visit to Scotland today, will grow the direct lending capacity of UK Export ...| Global Trade Review (GTR)