Brussels, 08/11/2011 (Agence Europe) - The EU will finally be able to incorporate into its legislation the guidelines of the OECD arrangement on officially supported export credits, revised in 2005. On Tuesday 8 November, the Council adopted a regulation approving the text, prior to its being examined by the European Parliament (see EUROPE 10451).
Export credit is an important element in the promotion of international trade. The EU, as a party to the OECD arrangement, plays a major part in...