Servizi Assicurativi del Commercio Estero

Servizi Assicurativi del Commercio Estero

An export credit agency (ECA) in Italy. It provides a wide range of export credit and advisory services, and especially extends credit for trade with Africa and the Balkans. Like other export credit agencies, SACE is controversial; critics allege that ECAs negatively impact international development, as developing countries cannot compete with insured exports. Proponents of ECAs argue that they enable developing countries to import products they otherwise would not be able to afford.