Q.As NEXI is an institution working to promote Japanese trade, shouldn't NEXI give sufficient consideration to helping Japanese companies maintain international competitiveness?

A.

The purpose of the Guidelines is, in light of the policy of the Japanese government, to promote the sound development of external transactions, such as foreign trade, by confirming whether the project sponsors have implemented appropriate environmental and social considerations in the projects subject to NEXI insurance services. The OECD Common Approaches also advocate coherence among policies regarding officially supported export credits, and policies for the protection of the environment. NEXI will continue to take into account the preservation of Japanese competitiveness, with due regard to business confidentiality, while securing appropriate environmental and social considerations.