Further to the OECD arrangement, Belgian ECA Ducroire Delcredere has lowered its premiums on Algeria for the insurance of political risks with regard to medium/long-term export credits (credit periods exceeding one year).

It has moved from category 5 to 4. This premium reduction contributes to a further ease of Ducroire/Delcredere’s already favourable acceptance policy on Algeria, of which all clauses, namely the country ceiling of €785mn, remain unchanged.