OECD Arrangement on Officially Supported Export Credits

The OECD Arrangement on Officially Supported Export Credits is an international agreement that sets guidelines for governments providing financial support—like loans or guarantees—to promote exports. Its goal is to ensure fair competition among countries by preventing excessive subsidies, reducing the risk of market distortions, and promoting responsible lending practices. The arrangement establishes limits on the amount, terms, and conditions of these export credits, encouraging transparency and fairness globally. This framework helps balance support for exporters with the stability and integrity of international trade.