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Belgian export credit agency Ducroire/Delcredere (OND) has increased the country ceiling for the insurance of medium and long-term transactions in Thailand from €600mn to €900mn.

The country is classified in premium category 3B and cover of political and commercial risks remains possible in open account, ie, without a guarantee being required and without specific restrictions.

OND has also resumed cover on a case-by-case basis for medium and long-term export credits on Nicaragua. For these transactions, the country is classified in premium category 7C and the ceiling is set at €90mn.