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Perspective
01 May 2014

Berne Union 80 foreword by Jonathan Bell

This is a particularly big year for the Berne Union, which has now been supporting exporters, borrowers, investors and the overall export financing sector for the past 80...

Perspective
01 May 2014

Interview with Berne Union president Dan Riordan

Jonathan Bell, editor-in-chief at TXF, talks with Dan Riordan, president of the Berne Union, about taking the organisation forward in its 80th year.

Perspective
01 May 2014

Socar to sign financing deals

Azerbaijan's oil giant Socar announced that it will sign key financings on May 5th to finance their $5.5 billion refinery in Izmir. The company will sign loan agreements...

Perspective
01 May 2014

The big rust - an update on the Latin American coffee leaf rust outbreak

It is now over a year since it became apparent that a major coffee rust outbreak was developing over a wide area of Latin America, ranging from Mexico in the north, to...

Perspective
01 May 2014

A history of the Berne Union

Global trade and foreign direct investments have seen dramatic changes in the 80 years since the Berne Union was founded. Not surprisingly, the Berne Union itself has...

Perspective
01 May 2014

Economic overview

"It’s different this time.” A simple phrase, but a potent one. Its reappearances all feel novel, and more’s the pity

Perspective
01 May 2014

Global risk overview

Having turned their attention further towards developing economies to compensate for a lack of demand from traditional western markets following the global financial...

Perspective
01 May 2014

Short-term export credit capacity

Capacity in short-term credit insurance has been steadily returning since the 2008 global financial crisis (GFC) and premiums have recovered. According to Berne Union’s...

Perspective
01 May 2014

Medium- and long-term export credit capacity

When I was appointed chairman of the medium and long-term (MLT) committee at the annual general meeting last October, the total volumes for insurance of long-term export...

Perspective
01 May 2014

Easing the regulatory challenges

Export credit is a tool which has been used for decades to support exports in a world where the main driver of economic growth has been international trade. The need for...

Perspective
01 May 2014

Standardisation across export finance

Export-oriented economies benefit from new jobs, more innovation, reduced welfare costs and economic stability. Creating growth through trade is an elemental part of the...

Perspective
01 May 2014

Export finance and capital markets

An arguably common theme in medium- and long-term (MLT) export finance circles today is that full implementation of Basel III will elicit the end of commercial banks as...

Perspective
01 May 2014

Collaboration between ECAs and development banks

Export credit agencies (ECAs) and development finance institutions (DFIs) have very different purposes, mandates and in the case of multilateral institutions, ownership...

Perspective
01 May 2014

Using ECAs to secure energy supplies

When I first worked for Nippon Export and Investment Insurance (Nexi) during 2003 to 2006, seconded from the Ministry of Economy, Trade and Industry of Japan as the head...

Perspective
01 May 2014

The role of export credit in project financing

Although the operations of Berne Union members are diversified across various products, geographies, governance models, and regulatory systems, the growing role of ECAs...

Perspective
01 May 2014

Political risk in the mining sector

Oruro, Bolivia sits on the High Andean Plain 180 km south-east of La Paz. As the sun rose over this bucolic community of miners on 9 February, 2007, soldiers of the...

Perspective
01 May 2014

Sustainable export finance

Think back some 30 years ago: what were the main concerns of an exporter participating in a large dam project requiring significant resettlement actions and with...

Perspective
01 May 2014

ECAs and the renewables industry

The world’s ECAs have been and remain a vital element when piecing together funding for renewable energy. Denmark's export credit agency, EKF, is an active partner with a...

Perspective
01 May 2014

Providing support for SMEs

An increasing amount of attention has been focused on SMEs in recent years, as their role in supporting national economies has been emphasised. How have Berne Union...

Perspective
01 May 2014

The resurgence of shipping

With six of the world’s top 10 shipyards located in the country, Korea stands at the forefront of the global shipbuilding market. In 2013 alone, Korea won 16.58 million...