24/11/2008
Most of OECD member states and several other large export nations have sent a joint statement to confirm their strong commitment to continue to be reliable partners to exporters and financing banks; a global problem requires a global solution.
The statement also says that official credit support and finance play an enhanced key role in counterbalancing instability in periods of economic uncertainty and risk averse behaviour of economic players, by helping to fill the gap where market capacities are temporarily limited. To read the statement click here (pdf).