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

It has changed from category 6 to 7. However, Ducroire/Delcredere maintains its cover policy that is favourable towards private debtors, but is reluctant towards accepting transactions with public debtors. The country ceiling amounts to €90mn.