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The German government supports the activities of German companies abroad by means of its foreign trade and investment promotion scheme and in doing so maintains their competitiveness, contributes to job security and promotes exports thus acting as an important growth factor.
A consortium of Euler Hermes Kreditversicherungs-AG and PricewaterhouseCoopers Aktiengesellschaft Wirtschaftsprüfungsgesellschaft (PwC AG)was appointed by the German government to manage these promotion schemes.
Government guarantees offer coverage for foreign trade and investment activities in order to make the inherent risks more predictable and manageable. Guarantees are an essential element of risk management and facilitate foreign market access.
Export credit guarantees secure exports against (economic) buyer risks and (political) country risks.
Investment guarantees protect foreign direct investments against political risks.
Untied loan guarantees back commodity supplies to Germany and contribute to the economic development abroad.
Guarantees under the foreign trade and investment promotion scheme
- help to strengthen particularly small and medium-sized enterprises,
- maintain equal opportunities in international competition in view of environmental impacts which rank high in public attention.
