OECD Export Credits Consultation: Towards a More Coherent and Competitive Export Finance Framework

On 15 June 2026, our Business at OECD delegation led by our Export Credits Expert Group Chair and SMS Group’s Sandra Halver-Simons presented our Business at OECD key priorities for the second phase of the modernisation of the OECD Arrangement on Officially Supported Expert Credits in our latest paper, “Towards a More Coherent and Competitive Export Finance Framework”. Priorities include revising financing terms to better reflect today’s risk environment, particularly by increasing the maximum support up to 95% of the exported content and extending local costs coverage up to 100% of the exported content in high‑risk markets, so that exporters can remain competitive while supporting viable projects in emerging and developing economies. Business at OECD also called for the Arrangement to move beyond its traditional focus on physical goods for an individual project to accommodate software-, service-, and digital‑based business models, which now represent a growing share of global value creation but remain difficult to support under existing rules. Finally, Business at OECD also underlined the need for the Arrangement to better set out environmental and social due diligence procedures that both support the competitiveness of exporters—through predictable, timely, and proportionate processes—and remain fully aligned with evolving corporate sustainability frameworks.

At the consultation, Business at OECD also released a joint statement with our associate expert group, the European Banking Federation, on the future of the OECD Arrangement and the fundamental importance of export credit guarantees for businesses and banks. This statement recalls upfront that for businesses, the export credit guarantees of governments are an essential safeguard when entering new markets, especially in emerging and developing economies where commercial and political risks can be significant. Now more than ever, it is essential that the OECD Arrangement keep pace with evolving market realities and remain a practical and efficient instrument to help businesses export and invest overseas.