EBF - European Banking Federation

06/18/2026 | Press release | Distributed by Public on 06/18/2026 02:30

EBF and Business at OECD (BIAC) Statement on the Future of the OECD Arrangement

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Brussels, 18 June 2026 - On 15 June, the European Banking Federation (EBF) presented its position paper at the OECD consultation on the modernisation of the OECD Arrangement on Officially Supported Export Credits.

On this occasion, the EBF also released a joint statement with Business at OECD (BIAC), the officially recognised business stakeholder organisation to the OECD, on the future of the OECD Arrangement and the fundamental importance of export credit guarantees for businesses and banks.

The statement emphasises that export credit guarantees provided by governments are an essential safeguard for businesses seeking to enter new markets, particularly in emerging and developing economies where commercial and political risks can be significant. It further underlines that, in an increasingly challenging global environment, the OECD Arrangement must keep pace with evolving market realities and remain a practical and effective instrument to support exports, investment and economic growth.

Through its participation in the consultation and its cooperation with BIAC, the EBF reaffirms its commitment to contributing to the development of an effective, internationally competitive and future-proof export credit framework that supports sustainable economic growth, international trade and the competitiveness of European businesses.

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