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- Report on Results of Discussions by Round Table Conference on Ideal Approaches to Export and Investment Insurance Compiled
Report on Results of Discussions by Round Table Conference on Ideal Approaches to Export and Investment Insurance Compiled
November 19, 2020
The Ministry of Economy, Trade and Industry (METI) hereby announces that it has compiled the results of discussions held by the Round Table Conference on Ideal Approaches to Export and Investment Insurance at three meetings from October 2020 into a report.
1. Background to convening the meetings and other information
The global pandemic of the novel coronavirus disease (COVID-19) is impacting Japanese companies’ overseas business in areas such as trade and investments. It has been necessary for Nippon Export and Investment Insurance (NEXI) to further address such impacts.
In light of this situation, it is considered important to analyze emerging challenges in Export and Investment Insurance caused by the impacts of the recent COVID-19 situation. In addition, as potential risks, such as tensions between the United States and China and climate change, may rise, it is essential to hold discussions on measures so as to smoothly make responses to any crises caused by such risks.
Furthermore, as approaches to overseas business are changing, it has been pointed out that a gap between the export and investment insurance system and the current state of business is appearing. To address this situation, it is also important that NEXI flexibly responds to user demand changes in order to proactively encourage overseas business of Japanese companies.
With this challenge in mind, METI had held meetings of the Round Table Conference on Ideal Approaches to Export and Investment Insurance in order to study ideal approaches to future export and investment insurance. At the conference, experts and industrial stakeholders met and advanced their discussions on the issue.
2. Report on discussion results
Based on the results of discussions by the Round Table Conference on Ideal Approaches to Export and Investment Insurance, METI compiled a report and hereby announces it.
Link to related information
Division in Charge
Trade Finance Division, Trade and Economic Cooperation Bureau