Finexpo

Finexpo is an inter-ministerial advisory committee managed by the Directorate financial support to exports (B2) within the Federal Public Service Foreign Affairs, Foreign Trade and Development Cooperation and by the Administration for International and European Financial Affairs of the Federal Public Service Finance. The name Finexpo combines two key words: financing and export. The objective of Finexpo targets to promote the Belgian companies’ image and reputation abroad, as well as conciliate free trade with the necessity of keeping its exporters’ competitiveness while contributing to the economic and social development of the recipient country. All Finexpo advices and decisions respect the Organization for Economic Cooperation and Development (OECD) Arrangement on Officially Supported Export Credits as well as OECD export credits, anti-bribery measures and the Development Aid Committee (DAC) recommendation on untying aid. Finexpo’s action focuses on financing conditions for credits granted for the supply of equipment and services. Finexpo has two types of instruments: one commercial instrument and several concessional instruments. The choice of an instrument is determined by the nature of the project, the country one wishes to export to and the preference of the exporter/the bank concerned.