Export Credits Guarantee Department (ECGD)

The Export Credits Guarantee Department (ECGD), now part of UK Export Finance, is a government agency that supports UK companies in selling their goods and services abroad. It provides insurance and guarantees to manage the risks of international trade, such as non-payment by foreign buyers. This protection encourages UK businesses to expand internationally by reducing the financial uncertainties involved. Essentially, ECGD helps make exporting safer and more accessible, fostering international trade for UK firms while supporting economic growth.