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Following the OECD arrangement,

  • Belgium’s export credit agency Ducroire/Delcredere has increased its premium on Uruguay for the insurance of political risk with regard to medium-/long-term export credits (credit periods exceeding one year).

    It has changed from category 5 to 6. The new premium category follows the recent deterioration in Ducroire/Delcredere’s acceptance policy on Uruguay. The ceiling amounts to €90mn.