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Basic Principles

Legal Framework

The Federal Government assumes Untied Loan Guarantees subject to yearly fixed budgetary authorisations. There is no limitation in regard to the amount of cover for a host country or a project.

The corresponding Guarantee Declaration in connection with the General Terms and Conditions (255 KB) in their current versions are applicable for the assumption of Untied Loan Guarantees.

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Decisions

Decisions about the assumption of Untied Loan Guarantees are made by the Interministerial Committee (IMC) under the lead of the Federal Ministry of Economics and Technology in cooperation with the Federal Ministry of Finance, the Federal Foreign Office and the Federal Ministry for Economic Cooperation and Development.

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