eksportkredittgarantier

Eksportkredittgarantier are financial instruments designed to mitigate risks associated with international trade. These guarantees are typically issued by government agencies or specialized financial institutions to protect exporters against potential losses arising from various commercial and political risks. The primary purpose is to encourage and facilitate export activities by providing a safety net for businesses engaged in cross-border transactions.

The types of risks covered by eksportkredittgarantier can be diverse. Commercial risks often include the buyer's inability to pay due to insolvency, bankruptcy, or protracted default. Political risks, on the other hand, encompass events beyond the control of the buyer or seller, such as war, civil unrest, expropriation, currency inconvertibility, or restrictions on the transfer of funds. By assuming these risks, the guarantor enables exporters to extend credit to foreign buyers with greater confidence, thereby enhancing their competitiveness in global markets.

The process typically involves an exporter applying for a guarantee for a specific export transaction. The guarantor assesses the risks involved and, if approved, issues a policy or certificate. In the event of a covered loss, the exporter can claim compensation from the guarantor. This mechanism not only supports individual businesses but also contributes to a country's overall economic growth and balance of trade by fostering a more robust export sector.