European Commission 13 July 1994, Proposal for a COUNCIL DIRECTIVE on harmonization of the main provisions concerning export credit insurance for transactions with medium- and long-term cover

COMMISSION OF THE EUROPEAN COMMUNITIES COM(94) 297 final Brussels, 13.07.1994 94/0166 (ACQ Proposal for a COUNCIL DIRECTIVE on harmonization of the main provisions concerning export credit insurance for transactions with medium- and long-term cover (presented by the Commission) EXPLANATORY MEMORANDUM Credit insurance is an instrument extensively used by governments to promote exports.