Mr Supardi, President Director, Asuansi Ekspor Indonesia (ASEI)
INTRODUCTION
By 1950 almost all industrialised countries had implemented export credit insurance programmes and by that time they had, on average, more than 20 years’ experience. India was the first developing country to establish an export credit insurance institution. The Indian example was then followed by a number of other developing countries.
In Indonesia export credit insurance was pioneered in 1982 but only actually started by the Government of the Republic of Indonesia at the end of 1985, when an export credit insurance and export credit guarantees agency named PT. Asuransi Ekspor Indonesia (ASEI) or Indonesia Export Credit Insurance Co. Ltd was established.