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General Cooperation Agreement between NEXI and Credendo of Kingdom of Belgium


October 23, 2019

Nippon Export and Investment Insurance

Nippon Export and Investment Insurance (NEXI; Chairman and CEO: Atsuo Kuroda) signed a General Cooperation Agreement (GCA) with Credendo, the export credit agency of Kingdom of Belgium.

The GCA was signed by Credendo Deputy Chief Executive Officer Frank Vanwingh and NEXI Chairman and CEO Atsuo Kuroda on October 22, 2019 at the Berne Union annual general meeting1 held from October 20 to 24 in Hyderabad, India.

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The purpose of the GCA is to develop a new framework for cooperation in fields of trade, investment and finance between the two agencies to effectively and fruitfully support Japanese and Belgian companies through trade insurance when they try to win orders for projects in Belgium, Japan and other countries.

シ廚ooperation under the GCAシ

1. Information exchange on projects in Japan, Belgium and other countries
2. Human resource development and training
3. Discussion on trade insurance
4. Cooperation in debt collection and recoveries
5. Talks on reinsurance agreement

NEXI will continue to support Japanese companies窶 overseas business through cooperation with other export credit agencies.


縲植bout Credendo縲
Establishment 2004蟷エ
Head office Brussel, Belgium
Shareholder Government of Kingdom of Belgium (100%)
Capital Euro 297.5 million

Contact:
Policy Coordination Group, Corporate Planning and Policy Office
Tel: +81-(0)3-3512-7456




1 The Berne Union (International Union of Credit & Investment Insurers) is an international not-for-profit trade association which promotes sound development of export credit and foreign investment by providing a forum for exchanging information on common issues. It has 85 members from 73 countries and regions as of the end of September 2019.

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