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)
The Danish export credit agency has guaranteed US$420mn financing to expand a wind farm close to the frontline in Ukraine, underlining Denmark’s appetite to back projects in the country despite the war with Russia. The Export and Investment Fund of Denmark (EIFO) says it has guaranteed the loan provided by Danske Bank to DTEK, a ...| Global Trade Review (GTR)
The European Union has launched an inaugural risk-sharing facility for the export credit industry, with an initial €300mn pilot aimed at boosting SME exports to buyers in war-torn Ukraine.| Global Trade Review (GTR)