Cover Policy – Export Credit Guarantees
There are no formal restrictions on cover.
Cover facilities for transactions with longer credit terms are available for smaller, foreign-exchange generating projects of private buyers.
In addition, cover is available for project finance and other structured finance deals, where necessary based on countertrade transactions.
If the foreign buyer’s creditworthiness is inadequate, bank security is required.
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, https://www.gtai.de).
Cover Policy – Untied Loan Guarantees
There do not exist any restrictive country cover policy decisions for Untied Loan Guarantees. However, when deciding on cover of raw material projects, the Federal Government always takes the current situation in the host country into account. If you have any queries, please do not hesitate to contact our experts.
No responsibility is taken for the correctness of the information provided.