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Brief information on Bhutan

| Short-term | Cover is available provided that the buyer is an affiliated company or a company which belongs to an international group the creditworthiness of which is beyond doubt and informative, up-to-date information material on the buyer is available which, subject to the application of strict criteria, justifies the granting of cover without collateral. |
|---|---|
| Medium/long-term | No cover facilities available for public buyers. Smaller transactions with private buyers may be covered and, on a case-by-case basis, transactions with state-owned buyers provided that they are established as private sector organizations and operate without recourse to public funds. In addition, cover is available for project financed and other structured finance deals, where necessary based on countertrade transactions. |
| Collateral | If the foreign buyer’s creditworthiness is inadequate, bank security is required for medium and long-term transactions. |
| Country risk category | 6 |
No responsibility is taken for the correctness of the information provided
More detailed information on the cover policy can be found in all
articles of the AGA-Report
on Bhutan (German version only) and country information
on commercial practices, business climate, market analyses, law,
import procedures, customs duties can be found on the
website
of Germany Trade & Invest (gtai).
The senior country advisers for Bhutan will be pleased to answer your questions
- on single transaction cover: Mr Michael Schröder, phone: +49 (0) 40 / 88 34 - 90 83
- on revolving and wholeturnover cover: Mr Holger Ehrich, phone: +49 (0) 40 / 88 34 - 90 26
- on economic analyses: Mr Jörg Walter, phone: +49 (0) 40 / 88 34 - 91 01

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