The Case for Regional Cooperation in Trade and Investment Finance for Asia
This brief examines the role of export credit agencies (ECAs) in supporting trade and investment, and highlights how greater regional cooperation in Asia could enhance it.
ECAs primarily support exporters, by providing credit to foreign buyers. They can also provide insurance or guarantees to third party financial institutions. The brief argues that greater regional cooperation in Asia would foster regulation and facilitate access to trade and investment finance. Such cooperation could involve regulation to level the playing field or the creation of a regional ECA. The brief highlights lessons for the design of a new regional ECA.