Export Guarantee Program

The Export Guarantee Program is a government-supported initiative that helps exporters by providing insurance or guarantees against the risk of non-payment or default by foreign buyers. This program encourages businesses to expand into international markets by reducing financial uncertainty and protecting their revenues from potential political or economic issues in the importing country. Essentially, it offers peace of mind and financial security, enabling exporters to take on larger or riskier deals with confidence, ultimately supporting growth and competitiveness in global trade.