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 European Bank for Reconstruction and Development (EBRD) has established a €110mn guarantee facility aimed at boosting war risk insurance for cargo and transport companies in Ukraine. As part of the facility, launched alongside broker Aon today, the EBRD will seek to encourage international reinsurers to return to the Ukrainian market by covering their losses ...| Global Trade Review (GTR)