Export Credit Financing Systems in Oecd Member and Non-Member Countries

Financing is essential for international trade, and the world's official export credit agencies play a vital role by providing, guaranteeing and insuring such finance. This publication offers a comprehensive description of the official export credit systems of OECD Member countries and non-member economies. These systems, taken together, account for the overwhelming majority of the export credit support provided by governments globally. This publication also includes the latest version of the Arrangement on Guidelines for Officially Supported Export Credits (the only international agreement on disciplines regulating the provision of official export credit support) and the complementary agreement on flexible terms for project finance transactions. The disciplines of the Arrangement cover, inter alia, official financing support, maximum repayment terms, minimum risk premiums and trade-related aid for projects, goods and services sold on credit terms of two years or more. Additionally, for the first time, this publication provides information about important work being undertaken by the OECD's Working Party on Export Credits and Credit Guarantees in respect of the relation between officially supported export credits and broader concerns of Member governments and civil society: environmental issues, efforts to combat bribery and debt sustainability of highly indebted poor countries. [OECD website]Organisation for Economic Co-operation and Development Staff is the author of 'Export Credit Financing Systems in Oecd Member and Non-Member Countries' with ISBN 9789264186347 and ISBN 9264186344.