Export Credit Agency

An Export Credit Agency (ECA) is a government-backed institution that helps domestic companies do business internationally. ECAs provide financial support, such as loans, guarantees, and insurance, to encourage exports by reducing risks associated with foreign transactions. They help exporters gain access to the capital needed to enter new markets, and protect them against potential losses, such as those from political instability or non-payment by foreign buyers. This support aims to enhance a country’s competitiveness in global trade and ultimately contribute to economic growth.