ECGC has released its latest country risk classification, which comes into effect on May 1, 2023. The updated list includes a number of changes, reflecting the current economic and political conditions around the world. One…
The first-ever ‘SCO B2B Conference and Expo on Traditional Medicine’ held under the SCO initiative concluded successfully on March 3, 2023, in Guwahati, Assam, generating an incremental trade interest of over ₹590 crores. The conference…
Effective from 28th February 2023, ECGC has downgraded its underwriting policy on Egypt, changing its country rating from B2 to C1. This change will also modify the type of cover from Open Cover to Restricted…
Export-Import Bank of India (Exim Bank) forecasts India’s total merchandise exports to remain above US$ 100 bn (US$ 100.5 bn) during the third quarter (October-December) of FY2023, notwithstanding some y-o-y contraction (5.9% over the corresponding…
Johannesburg, October 31, 2022 – Export-Import Bank of India (India Exim Bank)has concluded a Master Risk Participation Agreement for supporting trade transactions with FirstRand Bank (FRB) Limited. The agreement was signed in Johannesburg on Monday on…
Dhaka, October 21, 2022 – Export-Import Bank of India (India Exim Bank)during October 16-17, 2022, concluded Issuing Bank Agreementswith 5 Bangladeshi Banks viz., Mutual Trust Bank Ltd., Dhaka Bank Ltd., Bank Asia Ltd., Midland Bank Ltd….
The Export Credit Guarantee Corporation of India (ECGC) has modified its underwriting policy for export transactions to Sri Lanka. After carrying out a review of the rating of Sri Lanka in view of prevailing situations,…