Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- initialism UK Export Credits Guarantee Department
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word ECGD.
Examples
-
We believe the ECGD could be a champion for responsible British business by supporting, for instance, green technology exports.
-
The ECGD is a government department which supports UK businesses exporting and wanting to invest in areas considered too risky to receive financial support from the private sector.
-
Credit Insurance Both private and state companies (such as ECGD in the United Kingdom,
-
Cable has already received more than 7,000 letters urging him to force the ECGD to raise its ethical and environmental standards, and carry out an audit of the £2bn of past loans to some of the world's poorest countries it is still pursuing.
Campaigners turn fire on 'dodgy deals' at export department 2011
-
The ECGD stresses that it carries out considerable due diligence on each project, and applies rules set by the OECD on ethics and the environment.
Campaigners turn fire on 'dodgy deals' at export department 2011
-
More than 100 MPs have signed an early day motion calling for the ECGD to clean up its act.
Campaigners turn fire on 'dodgy deals' at export department 2011
-
"Before the ECGD increases support for SMEs, it must introduce much tougher controls to ensure it does not back exports which abuse human rights and increase poverty," says Jubilee's Kat Banyard.
Campaigners turn fire on 'dodgy deals' at export department 2011
-
In the 1980s, the ECGD had 4,000 staff, branches up and down the country, and offered backing for up to 40% of Britain's exports.
Campaigners turn fire on 'dodgy deals' at export department 2011
-
Veteran Lib Dem MP Malcolm Bruce, who attended the campaign's parliamentary launch on Thursday, says: "We need to challenge the government to really make the ECGD more transparent, more concentrated on small and medium-sized businesses, and to apply real standards about climate change, child labour and human rights."
Campaigners turn fire on 'dodgy deals' at export department 2011
-
The ECGD spokesman points out that the past debts it holds from the poorest countries, such as Sudan and Somalia, are likely to be written off once they meet the criteria of the Heavily Indebted Poor Countries initiative, under which Britain has already forgiven most of its developing-world debt.
Campaigners turn fire on 'dodgy deals' at export department 2011
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.