Australia’s export credit agency, Export Finance and Insurance Corporation (EFIC) and leading business group Australian Business Limited (ABL) have signed an alliance agreement that will create additional opportunities for Australian exporters and overseas investors. The new alliance will provide a strong platform to facilitate greater promotion and distribution of information in relation to exporting and investing overseas.
Managing directors Angus Armour, EFIC and Mark Bethwaite, ABL, said the key objective of the alliance was to work together to increase Australia’s exporting and investing overseas.
EFIC plays a key role backing Australia’s exporters and overseas investors by providing internationally competitive medium- to long-term finance and insurance services including loans, guarantees, bonds and political risk insurance. EFIC will work with ABL to facilitate better delivery of export finance and insurance services to small- and medium-sized exporters...