Financial

SACE

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SACE

The Italian export credit agency.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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References in periodicals archive
POLICY DOCUMENT Other than Treasury, the payment of Sh11 billion to SACE in insurance security puts the Insurance Regulatory Authority (IRA) in a tight corner over whether its opinion was sought before the money was released and whether there exists a policy document that will make it easier for the government to claim the monies.
He stated that the Treasury had approved payment of Sh4.3 billion for the Arror dam as advance payment under the Facility Agreement and the Commercial Contract signed between the Kerio Valley Development Authority and SACE.
"Our partnership with Sace plays a strategic and important part in ECI's role as a major catalyst in supporting UAE's non-oil exports, trade, investments and strategic sectors development, in line with UAE Vision 2021 agenda," said Falcioni.
SACE's complaint did not address that FPL plans to inject "low concentrations" of radioactive waste into the Boulder Zone, a rocky area of brackish salt water that sits 3,000 feet below ground.
Yebra, in a police report, said Sace and Sabino were included in the barangay's drug watch list and were suspected drug users and pushers.
"A new era is commencing for economic relations with Iran, thanks to the important steps forward taken at the international level - declared the President of SACE, Giovanni Castellaneta, former Italian ambassador to Tehran and Washington -.
Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, and Alessandro Castellano, CEO of SACE, signed the deal at the UAE pavilion of Expo Milan 2015 in the presence of Sultan Bin Saeed Al Mansouri, the UAE's Minister of Economy, and Federica Guidi, Italian Minister for Economic Development.
The Italian Ministry of Economic Development, Sace (the state trade insurer) and Mediobanca jointly signed the MoU with Iran's Ministry of Economy and Finance and Central Bank last week.
M2 EQUITYBITES-July 27, 2015-Technip, SACE and Midor sign joint agreement to modernise and expand the Alexandria refinery in Egypt
The agreement was signed between the Export Guarantee Fund of Iran (EGFI) and Italy's Servizi Assicurativi del Commercio Estero (SACE) and under the agreement, SACE will offer EGFI advisory and training services on products, processes, and risk assessment and management.
SACE architecture and design, erection of |detached house with new vehicular access, land off Broomfield Road, Fixby.
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