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SERV glossary

Technical terms

The glossary contains precise explanations of key terms – from the Arrangement on Officially Supported Export Credits and del credere risk through to working capital insurance.

Use the alphabetically sorted list or the search function to search for specific terms.

Paris Club

The Paris Club is an international forum for negotiating debt rescheduling with over-indebted countries. Negotiations are conducted in the Paris Club if a debtor country is unable to meet its payment obligations.

The Paris Club consists of a group specifically chosen and formed to handle each case. It consists of representatives of the creditor countries, the rescheduling country, the International Monetary Fund (IMF), the World Bank, the UNCTAD and the OECD.

Additional links
Paris Club
OECD
IMF
World Bank
UNCTAD

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