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The name Finexpo is the contraction of two key words, finance and export. It is intended to support the export of Belgian capital goods and related services.
Finexpo seeks to promote the image and reputation of Belgian companies abroad and to reconcile free trade with the need to preserve the competitiveness of exporters. It also aims to contribute to the economic and social development of the beneficiary country.
All Finexpo advices and decisions respect the Organization for Economic Cooperation and Development (OECD) Arrangement on Officially Supported Export Credits as well as OECD export credits, anti-bribery measures and the Development Aid Committee (DAC) recommendation on untying aid.
Finexpo’s action focuses on financing conditions for credits granted for the supply of equipment and services respecting the fundamental values that are at the heart of Belgian diplomacy. Therefore the following themes will always be taken into account in the analysis of projects:
- business and human rights and due diligence;
- the fight against corruption, money laundering and the financing of terrorism;
- the promotion of sustainable development through trade policy.
Finexpo has two types of instruments, i.e., one commercial instrument and several concessional instruments. The choice of an instrument is determined by the nature of the project, the country one wishes to export to and the preference of the exporter/the bank concerned.