Circulars

Circulars

Cir No. 15 / E-8 / 2022

TO ALL MEMBERS OF THE ASSOCIATION:

Dear Sir,

We would like to inform you that Export Credit and Guarantee Corporation of India (ECGC) introduced a New Scheme providing enhanced Export Credit Risk Insurance cover up to 90% for Small Exportersunder the Export Credit Insurance for Banks Whole Turnover Packaging Credit and Post Shipment (ECIB- WTPC & PS).

The Scheme is expected to benefit a number of Small-Scale Exporters availing of Export Credit with Banks which hold the ECGC WT-ECIB Covers. This will also enable the Small Exporters to explore new Markets / new Buyers and diversify their existing Product portfolio competitively.

We are enclosing herewith a Release issued by Press Information Bureau (PIB) Government of India.

This is for your kind information.

Thanking you,

Yours truly,

P. Chandrasekharan
Senior Director & Secretary