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Export Credit Agencies

Export credit agencies

(ECAs) originated in post war Europe. They were government agencies which encouraged exports to help with economic recovery.

Originally driven by public policy, today, ECAs are an essential element of the international trade environment, facilitating trade across the globe.

Some ECAs are still government agencies, whilst others are quasi-independent, commercial entities. ECAs can act as a lender of last resort as well as guarantors and facilitators of larger and more complex international trade deals, including long term project finance and shorter term commodity transactions.

ECA lending is usually done through providing credits to the exporting firm within its own country, but can also be through providing credit to the importing entity in the other country.

There are two industry organisations to which export credit agencies and private risk insurers belong: The Berne Union and the

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