Glossar
Supplier credit insurance
credit insurance to insure the risk that the customer will fail to pay amounts owed for goods and services under an export contract. The maximum cover ratio is 95 per cent.
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Glossar
Pre-shipment risk insurance
Pre-shipment risk insurance covers the exporter's production costs for agreed goods and services if the occurrence of an insured risk has made it impossible or impracticable to continue manufacturing and
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Glossar
Contract bond insurance
issued by a bank on behalf of an exporter to the foreign debtor (bid, advance payment, delivery, service, performance or warranty bonds). SERV contract bond insurance covers these guarantees from the risk
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Glossar
General contractor
A general contractor performs all services for the complete execution of large-scale infrastructure projects. Specifically, these are the planning and construction of the project – and often its financing
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causes will make it impossible or impracticable to continue manufacturing or shipping goods and services, that goods will be confiscated abroad, or that a claim cannot be settled.
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especially for export credits with terms of up to 23 months, broken down by order value and goods/service type. Additional links: Berne Union Value Statement Guiding Principles Operational Guidelines Short
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