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Export Credit Agency

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Export Credit Agency
An agency established by a country to finance its nation's goods, investment, and services, often offers political risk insurance.
Export Credit Agency
A private or semi-governmental body that extends credit to local exporters. ECAs also provide guarantees and insurance for exports, and occasionally for imports as well. Sometimes governments use ECAs to subsidize exporters and related businesses, but this is generally frowned upon in international circles. ECAs are controversial; critics allege that their existence negatively impacts international development as developing countries cannot compete with such insured exports. Proponents of ECAs argue that they enable developing countries to import products they otherwise would not be able to afford.
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The recently acquired Export Credit Agency (ECA) rating, which is also endorsed by all Organization for Economic Co-operation and Development (OECD) countries, effectively places Etihad alongside investment grade airlines.
Etihad signs 1st deal in $1bn program by The Star (Amman, Jordan)
The recently acquired Export Credit Agency (ECA) rating, which is also endorsed by all Organisation for Economic Cooperation and Development (OECD) countries, effectively places Etihad alongside investment-grade airlines," the airline said in a statement.
Etihad clinches $1b deal to finance aircraft acquisitions by Gulf News (United Arab Emirates)
Mr Stockdale, who has been working with the company over a number of years helping them identify contacts and supporting them in new markets, approached ECGD, the UK's official export credit agency, about providing the insurance support that the private market was unable to deliver.
BOULBY MINE'S WIN-WIN DEAL by Evening Gazette (Middlesbrough, England)
 
 
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