Export credit insurance to help Pakistani SMEs expand global markets
SEO description: Pakistan’s new export credit insurance risk-sharing pool aims to protect SME exporters against covered non-payment risks, improve access to financing and support export-led economic growth.
According to the available details, the pool will provide export credit insurance to Pakistani SME exporters, protecting them against non-payment by international buyers arising from commercial and political risks.
With post-shipment export credit insurance provided through the risk-sharing pool, Pak EXIM will help protect SME exporters against covered payment risks.
SEO description: Pakistan’s new export credit insurance risk-sharing pool aims to protect SME exporters against covered non-payment risks, improve access to financing and support export-led economic growth.
Suggested URL slug: `export-credit-insurance-pakistani-smes`
Suggested tags: SMEs, Export Credit Insurance, Pak EXIM, SMEDA, Export Development Fund, Pakistan exports, Shehbaz Sharif, Economic growth
Small and medium-sized enterprises (SMEs) are recognised as a crucial force in job creation and industrial growth. They contribute to employment generation, strengthen value addition and support broader economic expansion.
To empower SMEs to fulfil their important role in economic development, the federal government established the Small and Medium Enterprises Development Authority (SMEDA) as an autonomous body in October 1998. Since then, SMEDA has been working to promote and support SMEs by providing guidance and information and helping them gain a foothold in international markets.
The authority has also........
