The Government of Mongolia and Mongolian Re partnered with International Development Association, the World Bank to support SMEs in Mongolia’s non-mining sectors by strengthening their export capabilities and expand their access to export markets. The Project will provide training, and access to export credit insurance products for the SMEs.
Export credit insurance
Export credit cover insures an exporter against the risk of not being paid under an export contract or of not being able to recover the costs of performing that contract because of events which prevent its performance or lead to its termination.
Insurance coverage: