The Nippon Export and Investment Insurance (Nexi) has interrupted its activities in the Central African Republic due to the conflicts affecting the country.

Starting today, January 9, the Japanese export credit agency is no longer covering risks related to trade with the troubled country, and does not know when it will be able to resume its undertakings there.

A Nexi spokesperson tells GTR: “The Ministry of Foreign Affairs announced at the end of last year that people staying there should leave the country and should not visit there because of the current security problem caused by the conflict between the government and anti-government forces.

“We do not mean that Nexi will no longer provide insurance for this country, but we are not sure when we will be able to start providing insurance again. This depends on the situation in this country.”

The Central African Republic has been affected by a conflict between the country’s president, François Bozizé, and Seleka rebels since December 2012, when the rebels accused Bozizé of breaking a peace deal signed in 2007, and asked him to resign.