Haining Fur Enterprises Get Nearly $7000 In Compensation
Recently, a fur business in Haining got nearly $7000.
Compensation
In time, it made up for the loss of foreign exchange earnings collected by enterprises.
It is reported that this was signed last July by the Municipal Foreign Trade and Economic Cooperation Bureau, the Finance Bureau and the China Export and Credit Insurance Corp (hereinafter referred to as "China trust insurance").
Cooperation agreement
The first indemnity issued after the launch of the SME joint insurance scheme.
Small and medium enterprises joint insurance target is Haining's new small and medium-sized export enterprises with export volume of less than 2 million US dollars since 2009.
Over the past year, more than 200 small and medium-sized foreign trade enterprises have exported nearly 100 million dollars of export credit insurance risk protection.
Haining Potter artificial fur Co., Ltd. is the first company in the United Insurance System to get reparations.
The head of the company, the US buyer and enterprise involved in the case of more than 1 years of paction history, has been settled in accordance with the way of release, before the exchange of normal.
However, since October 2010, buyers have been in arrears on the grounds of late shipment.
In May of this year, enterprises failed to recover their debts and reported damages to China's credit insurance company.
After investigation by China's credit insurance staff, it was found that the situation was true and Potter was paid.
The relevant director of the Municipal Bureau of foreign trade and economic cooperation said that the current global
financial crisis
The impact has not completely subsided, the situation in some countries (regions) has been volatile, and the uncertainty in international trade risks has increased. The introduction of export credit guarantee has set up an umbrella for small and medium-sized enterprises, especially those newly developing export businesses, and has also enhanced their ability to resist risks.
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