Why is Insurance necessary in EXIM Trade?

   Release date: September 28, 2022      Hits: 2394    Comment: 0    
Note: Export Credit Insurance or ECI ≈ Export Credit Insurance or ECI protects against the risk of non-payment by a foreign b

Export Credit Insurance or ECI ≈ Export Credit Insurance or ECI protects against the risk of non-payment by a foreign buyer. If one's company is an exporter or importer, or both, then having the relevant insurance cover in place is important to make sure there is continued success of the firm in the future.

 
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