OECD Working Party on Export Credits and Credit Guarantees

Subtitle: 
The OECD Common Approaches on Environment and Officially Supported Export Credit

The OECD Working Party on Export Credits and Credit Guarantees develops common policies on export credit terms and conditions, including insurance rates. These terms and conditions are regulated by the 'Arrangement,' referred to as a "Gentleman's Agreement" on the OECD website and first agreed in 1978, to avoid any competition in financing terms.

This group has also negotiated and members are invited to voluntarily adopt The OECD Common Approaches on Environment and Officially Supported Export Credit, most recently revised in 2005.

URL: 
http://www.oecd.org/topic/0,2686,en_2649_34171_1_1_1_1_34529562,00.html