Export Development Corp.

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Export Development Corp.

Canada's Export Credit Agency.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Export Development Corp.

A government owned corporation in Canada that extends credit to Canadian exporters. Export Development Canada also provides guarantees and insurance for exports. Like other export credit agencies (ECA), Export Development Canada is controversial; critics allege that ECAs negatively impact 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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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As part of the strategic partnership between Dubai Trade and Dubai Export Development Corporation, two awards were presented to distinguished exporters at ESEA.
The agreements were signed with Ibrahim Al Janahi, deputy CEO and COO of Jafza; Mohammad Abdullah, managing director of Dubai Media City; Saed Al Awadi, CEO of Dubai Export Development Corporation, and Fahad Al Gergawi, CEO of Dubai Foreign Direct Investment.
Second, besides giving diplomatic support, Canadian governments have introduced tax measures and the Export Development Corporation provides easy credit that together greatly facilitates the global expansion of Canadian mining.
Growth of total exports will continue and we hope it will not be less than this year, which is 20 percent," Saed al-Awadi, chief executive of the Dubai Export Development Corporation, told Reuters on the sidelines of an exporters forum.
"The introduction of the weekly freighter service from Dubai to Sao Paulo will play a vital role in further growing UAE's exports to Brazil, where more than 12 million Brazilians are of Arab origin," said Dubai Export Development Corporation CEO, Saed Al Awadi.
The Memorandum of Understanding on exports promotion was concluded between the Algerian Exports Promotion Agency (ALGEX) and Dubai Export Development Corporation. In addition, a memorandum of understanding on capital transfer and the fight against money laundering has been signed between unit of financial intelligence treatment (CTRF) and the Emirati Unit of fight against money laundering and doubtful operations.
The Export Development Corporation (EDC) released a Global Export Forecast which lacks some enthusiasm.
Kimy led the Embera Katio people to protest a hydroelectric megaproject, partially financed with $US 18.2 million from Canada's Export Development Corporation (EDC).
The uncertainty created in the aftermath of September 11th makes it impossible to be definitive on the outlook for Canadian exporters in the year ahead, but a turnaround in export performance is not expected until the middle of 2002 at the earliest, according to the semi-annual global export forecast issued by Export Development Corporation (EDC).
In its semiannual export forecast, the Export Development Corporation predicted at least a 9-percent increase in the value of food and ag exports this year and 6 percent next year, even if the country and the world economy slip into recession.
Fortunately, this assistance is available and easily accessible from Export Development Corporation (EDC).
In 1997, the Export Development Corporation facilitated $23 billion in Canadian exports - with about $3.5 billion of that from Manitoba (60 per cent) and Saskatchewan (40 per cent).

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