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discussion relating to countries in this region

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Jonathan Steenberg
Jonathan Steenberg
BERNE UNION
Posts: 52


29/06/2021 03:54
Jonathan Steenberg
Jonathan Steenberg
BERNE UNION
Posts: 52
This is a discussion forum on country cover policy for Pakistan.

Feel free to share any changes on your policy for any obligors in the country or any other updates.
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Luka Herceg
Luka Herceg
HBOR
Posts: 15


26/10/2022 09:54
Luka Herceg
Luka Herceg
HBOR
Posts: 15
Dear colleagues,

We are currently assessing one export contract relating to Pakistan buyer under the insurance of buyer credit. Are you open for cover and do you have experience in providing cover for Pakistan buyers, namely their national electricity provider, alongside state guarantee (guarantee from Pakistani ministry)? If so, are your experiences positive overall?

Thank you in advance,

Best regards,

Luka Herceg (HBOR)
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Sonja Wittkowski
Sonja Wittkowski
EULER HERMES
Posts: 175


28/10/2022 04:59
Sonja Wittkowski
Sonja Wittkowski
EULER HERMES
Posts: 175
Dear Luca,

In general we are open for cover in Pakistan on a case-by-case basis. As for public sector projects we will, of course, take into account that Pakistan has participated in the DSSI program of the G 20 (Debt Service Suspension Initiative) and will, therefore, need a confirmation that the project in question is in line with the requirements under the DSSI program. We have not received any applications for the public sector in Pakistan in the recent past and have, therefore, no current experience.


Kind regards
Euler Hermes Aktiengesellschaft

Federal Export Credit Guarantee Division





Luka Herceg wrote:
Dear colleagues,

We are currently assessing one export contract relating to Pakistan buyer under the insurance of buyer credit. Are you open for cover and do you have experience in providing cover for Pakistan buyers, namely their national electricity provider, alongside state guarantee (guarantee from Pakistani ministry)? If so, are your experiences positive overall?

Thank you in advance,

Best regards,

Luka Herceg (HBOR)
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