RWG urges ECAs to be more flexible

28th November 2017

On 14th November the Rail Working Group was invited to make a presentation at the annual Civil Society Organisations’ meeting with Export Credit Agencies under the auspices of the OECD in Paris. In its submission, the RWG urged Export Credit Agencies to be more robust in the way that they applied the current terms of the Rail Sector Understanding once the Luxembourg Rail Protocol is in place and has also urged ECAs to publicise this position so that borrowers in debtor states know that they need to start working on adopting the Protocol in their country to obtain the extra benefits.


The detailed RWG submission may be found here . RWG chairman Howard Rosen’s slide presentation may be found here .