News
21 April 2021

ECAs get green light to cover more local costs

Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

The OECD is raising the limit on the amount of local content in a project that may be covered by export credit agencies.The portion of the so-called export contract value - all products and services produced outside the buyer’s country - allowed for local costs has up until now been limited to...

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