11. On the third measure, the Exim bank is helping with its export guarantee. 12. So from the outset, I have urged that German export credit guarantees should remain available for exports to Indonesia. 13. Thai Foreign Minister Surin Pitsuwan on Tuesday called for European countries to provide export guarantees to Asian producers to help them with their liquidity problems. 14. The authority has said it is waiting for the U.S. government to offer export guarantees for sales by Boeing and McDonnell Douglas before it makes a final decision. 15. The agreement to cancel the debt, incurred mainly through export credit guarantees, was signed at a ceremony in Maputo. 16. The projects getting World Bank financing include programs for fundamental economic changes, export guarantees, private sector development, agricultural research and energy. 17. However, a large proportion of this aid comes in the form of export credit guarantees and has not effectively been disbursed by Germany. 18. In the meantime the German bank, Hermes, has raised export guarantees to Lebanon four-fold to help promote trade between the two countries. 19. An export credit guarantee is an insurance policy that covers exporters for the value of their shipments. 20. Britain decided to resume export credit guarantees for companies investing in Jordan. |
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