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UKEF to Offer Enhanced Terms and Conditions for Eco-Friendly Exporters

UK exporters will gain from enhanced flexibility and competitiveness in support from UK Export Finance (UKEF) following the new international trade measures announced this week.

This was published under the 2022 to 2024 Sunak Conservative government

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Countries participating in the OECD Arrangement On Officially Supported Export Credits – including the UK – have reached an important modernization agreement, allowing export credit agencies like UKEF to provide additional incentives for eco-friendly and green projects. UKEF now has the ability to extend repayment periods and introduce more flexible repayment schemes for a wider array of renewable and green initiatives.

Additionally, UKEF will be positioned to offer longer repayment terms and a more adaptable strategy for standard transactions, thereby ensuring competitive financial options in various other sectors.

Comprehensive information can be found on the OECD Export Credits webpage. This includes the updated text of the Arrangement and Frequently Asked Questions.

Updates to this page

Published 19 July 2023

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