Export risk guarantee
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The export risk guarantee (ERG) of 1937 is an organization founded by the federal government to protect jobs and promote exports of Swiss companies. ERG insures the risks of Swiss exporters in countries where private insurers are not or only selectively active and in countries that pose substantial economic and political risks, particularly for medium- and long-term transactions. Unfortunately the ERG also insures Swiss exports to controversial dam projects, which may not be environmentally or socially sustainable. The Berne Declaration is lobbying the ERG to exclude exports that do not contribute to a sustainable and corruption free development.

20.11.00   Publicly Guaranteed Corruption 



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