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The second Technical Workshop of BRICS Export Credit Agencies (ECAs) was held at Hyderabad from the 01 – 02 December 2016.
The Technical Workshop was part of a series of events being organised under the Chairmanship of India of BRICS Forum. The Technical Workshop was hosted by ECGC Limited, a premier Export Credit Agency of India.
Please find attached the press release for your perusal.
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The Export Credit Insurance Corporation SOC LTD (ECIC) CEO, Kutoane Kutoane, is proud to announce
the capability to offer insurance cover to non-South African registered banks and financial institutions, as
well as foreign registered or domiciled companies, who are willing to support South African export or
subject to meeting South African local content requirements.
ECIC and the Minster of Trade and Industry (the dti), Dr. Rob Davies, have executed an Amended and
Restatement Agreement (the “Agreement”) to address certain operational matters. Amongst others, the
key operational change which has been introduced in the Agreement relates to the eligibility requirement
for ECIC insurance policy or cover, which was previously limited to South African registered persons and
has now been expanded to include entities and financial institutions or banks registered and domiciled in
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ECIC has been featured in a KZN publication, Mercury, under the topic Exporter Awards Winners.
ECIC was a sponsor at the KZN Chamber of Commerce and Industry Exporter of the Year awards 2016. The gala dinner was held at the Durban ICC last night, 20 October 2016.
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The ECIC (SOC) Ltd, will be a key partner to the new Trade Invest Africa initiative that was recently launched.
The Minister of the Department of Trade and industry (the dti), Dr Rob Davies, launched the Departments’ new initiative, Trade Invest Africa on the 15 July 2016.
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Cape Town - The state-owned Export Credit Insurance Corporation os SA (ECIC) is looking into whether it should expand its role to become an "eximbank", which would allow it to make loans directly to exporters.
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Int: Chief Economist : Export Credit Insurance Corporation : Tshidiso Disenyana
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