Country Limitation Schedule
Current CLS (PDF) - Effective Date of this Endorsement: 12:01 A.M. E.T., August 9, 2012 CLS-08/12
Memorandum of Changes, August 9, 2012 (PDF)
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Total Term* is from the date of authorization
until final payment - Effective August 9, 2012.
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Afghanistan
X
X
X
X
X
X
10, 13
Albania
1, 3, 4, 5, 10
Algeria
1, 4
Andorra
Angola
1, 4, 5
Anguilla
1
Antigua and Barbuda
X
X
X
1, 4, 13
Argentina
X
X
X
X
1, 13
Armenia
1, 3, 4, 10
Aruba
1, 9
Australia
Austria
Azerbaijan
1, 3, 4, 5
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Bahamas
Bahrain
Bangladesh
1, 4, 5
Barbados
1
Belarus
X
X
1, 3, 4, 5, 13
Belgium
Belize
6a
Benin
X
1, 5, 13
Bermuda
Bhutan
1, 4
Bolivia
X
X
1, 4, 5, 13
Bosnia-Herzegovina
X
X
1, 4, 13
Botswana
Brazil
Brunei
Bulgaria
3, 5, 6a
Burkina Faso
X
1, 10, 13
Burma
X
X
X
X
X
X
7
Burundi
X
X
X
X
11a, 11b, 13
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Cambodia
X
X
X
X
1, 4, 13
Cameroon
4, 5, 6a
Canada
Cape Verde
10
Cayman Islands
Central African Republic
X
X
X
X
11a, 11b, 13
Chad
X
X
X
X
11a, 11b, 13
Chile
China
2
Colombia
Comoros
X
X
X
X
11a, 11b, 13
Congo
X
X
X
X
11a, 11b, 13
Congo, Democratic Rep.
X
X
X
X
11a, 11b, 13
Cook Islands
1, 4
Costa Rica
6b
Cote d`Ivoire
X
X
X
1, 11a, 13
Croatia
3, 5, 6a
Cuba
X
X
X
X
X
X
7
Curacao
Cyprus
Czech Republic
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Denmark
Djibouti
X
X
X
1, 4, 11a, 13
Dominica
1
Dominican Republic
3, 6a
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
East Timor
X
X
X
X
5, 13
Ecuador
X
X
X
X
5, 13
Egypt
1
El Salvador
Equatorial Guinea
X
1, 4, 5, 13
Eritrea
X
X
X
X
11a, 11b, 13
Estonia
3, 5, 6b
Ethiopia
X
X
1, 4, 5, 13
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Fiji
1, 4
Finland
France
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Gabon
5, 6a, 10
Gambia
X
X
X
10, 11a, 13
Georgia
1, 3, 4, 5, 10
Germany
Ghana
1, 4, 5, 10
Greece
Grenada
X
1, 5, 13
Guatemala
6b
Guinea
X
X
X
X
X
X
10, 13
Guinea-Bissau
X
X
X
X
X
X
13
Guyana
X
X
1, 13
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Haiti
X
X
X
X
X
X
10, 13
Honduras
Hong Kong
Hungary
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Iceland
India
Indonesia
1, 4, 5
Iran
X
X
X
X
X
X
7
Iraq
X
X
1, 3, 5, 10, 13, 14
Ireland
Israel
Italy
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Jamaica
6a
Japan
Jordan
6a
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Kazakhstan
1, 3, 4, 5
Kenya
1, 5
Kiribati
1
Kosovo
X
X
1, 3, 4, 5, 10, 13
Korea, North
X
X
X
X
X
X
7
Korea, South
Kuwait
Kyrgyzstan
X
X
1, 3, 4, 5, 10, 13
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Laos
X
X
X
X
1, 5, 13
Latvia
3, 5, 6a
Lebanon
1, 4, 5
Lesotho
6b
Liberia
X
X
X
X
10, 11a, 11b, 13
Libya
X
1, 3, 4, 5, 12a, 12b, 13
Liechtenstein
Lithuania
3, 5, 6a
Luxembourg
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Macau
1
Macedonia
1, 3, 4, 5, 10
Madagascar
X
X
X
X
10, 11a, 11b, 13
Malawi
X
1, 4, 5, 10, 13
Malaysia
6b
Maldives
1
Mali
X
1, 4, 5, 13
Malta
Marshall Islands
1
Mauritania
X
X
X
X
10, 11a, 11b, 13
Mauritius
Mexico
Micronesia
1
Moldova
X
X
1, 3, 4, 5, 10, 13
Monaco
Mongolia
1, 4
Montenegro
1, 3, 5
Montserrat
1
Morocco
6b
Mozambique
1, 4, 5, 10
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Namibia
1
Nauru
X
X
X
X
X
X
13
Nepal
X
X
X
X
1, 13
Netherlands
New Zealand
Nicaragua
X
X
1, 4, 5, 10, 13
Niger
X
X
X
1, 11a, 13
Nigeria
1, 3, 4, 5
Norway
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Oman
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Pakistan
1, 4, 5
Palau
1, 4, 5
Panama
Papua New Guinea
1
Paraguay
6b
Peru
1
Philippines
1, 4
Poland
Portugal
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Qatar
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Romania
3, 5, 6a
Russia
1
Rwanda
X
X
1, 4, 5, 10, 13
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
St. Kitts and Nevis
1
St. Lucia
1
St. Vincent and Grenadines
1
Samoa
1
Sao Tome and Principe
X
X
X
X
10, 11a, 11b, 13
Saudi Arabia
Senegal
1, 3, 4, 5
Serbia
1, 4
Seychelles
X
X
X
X
11a, 11b, 13
Sierra Leone
X
X
X
X
10, 11a, 11b, 13
Singapore
Slovak Republic
3, 5, 6a
Slovenia
6a
Solomon Islands
1
Somalia
X
X
X
X
X
X
13
South Africa
Spain
Sri Lanka
1
Sudan
X
X
X
X
X
X
7
Suriname
X
X
X
X
13
Swaziland
Sweden
Switzerland
Syria
X
X
X
X
X
X
7
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Taiwan
Tajikistan
X
X
1, 4, 5, 10, 13
Tanzania
1, 4, 5
Thailand
Togo
X
X
1, 3, 4, 5, 13
Tonga
1
Trinidad and Tobago
6a
Tunisia
Turkey
Turkmenistan
X
X
X
1, 3, 5, 13
Turks and Caicos
Tuvalu
3
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Uganda
1, 5, 10
Ukraine
X
1, 4, 5, 13
United Arab Emirates
8
United Kingdom
Uruguay
6b
Uzbekistan
X
1, 3, 4, 5, 13
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Vanuatu
1
Vatican City
Venezuela
X
X
X
X
X
X
13
Vietnam
1, 4, 5
Virgin Islands (British)
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Yemen
X
X
X
X
X
X
13
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PUBLIC SECTOR
PRIVATE SECTOR
COUNTRY
Up to 1
Year
1 to 7
Years
Over 7
Years
Up to 1
Year
1 to 7
Years
Over 7
Years
NOTE(S)
Zambia
X
X
1, 5, 13
Zimbabwe
X
X
X
X
X
X
13
* Total Term is from the date of authorization until final repayment - Effective August 9, 2012.
It is agreed that pursuant to the provisions of Ex-Im Bank loans and
guarantees and Ex-Im Bank export credit insurance policies, the country
limitation schedule has been amended effective August 9, 2012. This
revision supersedes the May 17, 2012 Country Limitation Schedule and any
amendments thereto.
Please note that Ex-Im Bank only sends updates to the Country Limitation Schedule via e-mail. Policyholders must register at http://www.exim.gov/lists/subscribe.cfm, or use the link from Ex-Im Bank's homepage (www.exim.gov)
under "E-Mail Subscriptions" to receive updates to the CLS via e-mail
along with other Ex-Im Bank publications such as the Exporter and Africa
newsletters.
GENERAL CONDITIONS
Exceptions to any condition or limitation contained herein must be obtained in writing from Ex-Im Bank.
Ex-Im Bank reserves the right to set additional conditions for any particular buyer or issuing bank including
the right to set a different percentage of coverage. Ex-Im Bank also reserves the right to reject any particular application.
The sector where the risk lies (public or private) and the country of the obligor, or guarantor if there is one,
will generally be used for determining appropriate country limitations and fees.
The following insurance policies are affected by this country limitation schedule. Please note that Short-Term
Insurance Policies are governed by the columns titled "Up to one year":
Short-Term Insurance Policies: EBD, ELC, ENB, ENV, ESC, ESM(ST), ESS, ETM(ST), EUS,
FB, FB-E, FV, ESP, ESSP, FP, MCP(ST).
Medium-Term: All medium-term and lease-policy types, ESM, ETM, MCP, MRP, MSC,
MSC-E, MTR, MTR-E.
Notes:
#1. Discretionary Credit Limits under Short
Term Insurance Policies are withdrawn. Cover not available unless specified
in a Special Buyer Credit Limit endorsement, an Issuing Bank Credit Limit endorsement,
or a Country Limit of Liability endorsement.
#2. For sovereign transactions in the
People's Republic of China ("China"), Ex-Im Bank will typically require
an indication of Chinese government support in the form of a "Notice of
MOF Guarantee" as defined in the Framework Agreement, dated January 24,
2005 between the Ministry of Finance of China and Ex-Im Bank.
For public sector non-sovereign and private sector transactions
under medium- and long-term programs, Ex-Im Bank will consider
transactions with financial institutions or other entities that are able
to provide detailed financial information sufficient to enable Ex-Im
Bank to reach a credit conclusion.
Under short-term insurance policies for public sector
non-sovereign transactions, the use of Discretionary Credit Limits and
Country Limits of Liability typically requires the obligation of one of
the following: the Bank of China, the China Development Bank, the China
Construction Bank, the Industrial and Commercial Bank of China, or the
Bank of Communications. For private sector transactions, Discretionary
Credit Limits are not available, and cover is not available unless
specified in a Special Buyer Credit Limit endorsement or an Issuing Bank
Credit Limit endorsement.
Coverage under the Working Capital Guarantee Program (WCGP)
requires that the transaction be supported by an irrevocable Letter of
Credit issued by a bank referenced in the immediately preceding
paragraph, or by a bank pre-approved by Ex-Im Bank. Exceptions may be
made for private sector transactions that are insured for comprehensive
political and commercial risk.
#3. Prior to accepting an application for
a preliminary or final commitment for a public sector transaction, or for
any insurance or WCGP coverage for a public sector transaction, Ex-Im Bank will require
an indication of host government support for the application. Contact Ex-Im
Bank for more detailed information on specific markets.
#4. Ex-Im Bank cover/support for short- and medium-term private sector
transactions is typically limited to transactions with a commercial bank as
obligor or guarantor. Coverage under the WCGP for private sector
transactions requires that the transaction be supported by an irrevocable Letter
of Credit. Ex-Im Bank will consider transactions without a bank undertaking
on a case-by-
Current CLS (PDF) - Effective Date of this Endorsement: 12:01 A.M. E.T., August 9, 2012 CLS-08/12
Memorandum of Changes, August 9, 2012 (PDF)
Quick Select
A , B , C , D , E , F , G , H , I , J , K , L , M , N , O , P , Q , R , S , T , U , V , W , X , Y , Z
Click on a letter above to quickly navigate to that section.
Please wait until the page is fully loaded before using Quick Select.
Total Term* is from the date of authorization
until final payment - Effective August 9, 2012.
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Afghanistan | X |
X |
X |
X |
X |
X |
10, 13 |
| Albania | 1, 3, 4, 5, 10 | ||||||
| Algeria | 1, 4 | ||||||
| Andorra | |||||||
| Angola | |
1, 4, 5 | |||||
| Anguilla | 1 | ||||||
| Antigua and Barbuda | X |
X |
X |
1, 4, 13 | |||
| Argentina | X |
X |
X |
X |
1, 13 | ||
| Armenia | 1, 3, 4, 10 | ||||||
| Aruba | 1, 9 | ||||||
| Australia | |||||||
| Austria | |||||||
| Azerbaijan | 1, 3, 4, 5 | ||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Bahamas | |||||||
| Bahrain | |||||||
| Bangladesh | 1, 4, 5 | ||||||
| Barbados | 1 | ||||||
| Belarus | X |
X |
1, 3, 4, 5, 13 | ||||
| Belgium | |||||||
| Belize | 6a | ||||||
| Benin | X |
1, 5, 13 | |||||
| Bermuda | |||||||
| Bhutan | 1, 4 | ||||||
| Bolivia | X |
X |
1, 4, 5, 13 | ||||
| Bosnia-Herzegovina | X |
X |
1, 4, 13 | ||||
| Botswana | |||||||
| Brazil | |||||||
| Brunei | |||||||
| Bulgaria | 3, 5, 6a | ||||||
| Burkina Faso | X |
1, 10, 13 | |||||
| Burma | X |
X |
X |
X |
X |
X |
7 |
| Burundi | X |
X |
X |
X |
11a, 11b, 13 | ||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Cambodia | X |
X |
X |
X |
1, 4, 13 | ||
| Cameroon | 4, 5, 6a | ||||||
| Canada | |||||||
| Cape Verde | 10 | ||||||
| Cayman Islands | |||||||
| Central African Republic | X |
X |
X |
X |
11a, 11b, 13 | ||
| Chad | X | X |
X | X |
11a, 11b, 13 | ||
| Chile | |||||||
| China | 2 | ||||||
| Colombia | |||||||
| Comoros | X |
X |
X |
X |
11a, 11b, 13 | ||
| Congo | X |
X |
X |
X |
11a, 11b, 13 | ||
| Congo, Democratic Rep. | X |
X |
X |
X |
11a, 11b, 13 | ||
| Cook Islands | 1, 4 | ||||||
| Costa Rica | 6b | ||||||
| Cote d`Ivoire | X |
X |
X |
1, 11a, 13 | |||
| Croatia | 3, 5, 6a | ||||||
| Cuba | X |
X |
X |
X |
X |
X |
7 |
| Curacao | |||||||
| Cyprus | |||||||
| Czech Republic | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Denmark | |||||||
| Djibouti | X |
X |
X |
1, 4, 11a, 13 | |||
| Dominica | |
1 | |||||
| Dominican Republic | 3, 6a | ||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| East Timor | X |
X |
X |
X |
5, 13 | ||
| Ecuador | X |
X |
X |
X |
5, 13 | ||
| Egypt | 1 | ||||||
| El Salvador | |||||||
| Equatorial Guinea | X |
1, 4, 5, 13 | |||||
| Eritrea | X |
X |
X |
X |
11a, 11b, 13 | ||
| Estonia | 3, 5, 6b | ||||||
| Ethiopia | X |
X |
1, 4, 5, 13 | ||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Fiji | 1, 4 | ||||||
| Finland | |||||||
| France | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Gabon | 5, 6a, 10 | ||||||
| Gambia | X |
X |
X |
10, 11a, 13 | |||
| Georgia | 1, 3, 4, 5, 10 | ||||||
| Germany | |||||||
| Ghana | 1, 4, 5, 10 | ||||||
| Greece | |||||||
| Grenada | X |
1, 5, 13 | |||||
| Guatemala | 6b | ||||||
| Guinea | X |
X |
X |
X |
X |
X |
10, 13 |
| Guinea-Bissau | X |
X |
X |
X |
X |
X |
13 |
| Guyana | X |
X |
1, 13 | ||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Haiti | X |
X |
X |
X |
X |
X |
10, 13 |
| Honduras | |||||||
| Hong Kong | |||||||
| Hungary | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Iceland | |||||||
| India | |||||||
| Indonesia | 1, 4, 5 | ||||||
| Iran | X |
X |
X |
X |
X |
X |
7 |
| Iraq | X |
X |
1, 3, 5, 10, 13, 14 | ||||
| Ireland | |||||||
| Israel | |||||||
| Italy | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Jamaica | 6a | ||||||
| Japan | |||||||
| Jordan | 6a | ||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Kazakhstan | 1, 3, 4, 5 | ||||||
| Kenya | 1, 5 | ||||||
| Kiribati | 1 | ||||||
| Kosovo | X |
X |
1, 3, 4, 5, 10, 13 | ||||
| Korea, North | X |
X |
X |
X |
X |
X |
7 |
| Korea, South | |||||||
| Kuwait | |||||||
| Kyrgyzstan | X |
X |
1, 3, 4, 5, 10, 13 | ||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Laos | X |
X |
X |
X |
1, 5, 13 | ||
| Latvia | 3, 5, 6a | ||||||
| Lebanon | 1, 4, 5 | ||||||
| Lesotho | 6b | ||||||
| Liberia | X |
X |
X |
X |
10, 11a, 11b, 13 | ||
| Libya | X |
1, 3, 4, 5, 12a, 12b, 13 | |||||
| Liechtenstein | |||||||
| Lithuania | 3, 5, 6a | ||||||
| Luxembourg | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | ||||||
|---|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) | |
| Macau | 1 | |||||||
| Macedonia | 1, 3, 4, 5, 10 | |||||||
| Madagascar | X |
X |
X |
X |
10, 11a, 11b, 13 | |||
| Malawi | X |
1, 4, 5, 10, 13 | ||||||
| Malaysia | 6b | |||||||
| Maldives | 1 | |||||||
| Mali | X |
1, 4, 5, 13 | ||||||
| Malta | ||||||||
| Marshall Islands | 1 | |||||||
| Mauritania | X |
X |
X |
X |
10, 11a, 11b, 13 | |||
| Mauritius | ||||||||
| Mexico | ||||||||
| Micronesia | 1 | |||||||
| Moldova | X |
X |
1, 3, 4, 5, 10, 13 | |||||
| Monaco | ||||||||
| Mongolia | 1, 4 | |||||||
| Montenegro | 1, 3, 5 | |||||||
| Montserrat | 1 | |||||||
| Morocco | 6b | |||||||
| Mozambique | 1, 4, 5, 10 | |
||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Namibia | 1 | ||||||
| Nauru | X |
X |
X |
X |
X |
X |
13 |
| Nepal | X |
X |
X |
X |
1, 13 | ||
| Netherlands | |||||||
| New Zealand | |||||||
| Nicaragua | X |
X |
1, 4, 5, 10, 13 | ||||
| Niger | X |
X |
X |
1, 11a, 13 | |||
| Nigeria | 1, 3, 4, 5 | ||||||
| Norway | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Oman | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Pakistan | 1, 4, 5 | ||||||
| Palau | 1, 4, 5 | ||||||
| Panama | |||||||
| Papua New Guinea | 1 | ||||||
| Paraguay | 6b | ||||||
| Peru | 1 | ||||||
| Philippines | 1, 4 | ||||||
| Poland | |||||||
| Portugal | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Qatar | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Romania | 3, 5, 6a | ||||||
| Russia | 1 | ||||||
| Rwanda | X |
X |
1, 4, 5, 10, 13 | ||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| St. Kitts and Nevis | 1 | ||||||
| St. Lucia | 1 | ||||||
| St. Vincent and Grenadines | 1 | ||||||
| Samoa | 1 | ||||||
| Sao Tome and Principe | X |
X |
X |
X |
10, 11a, 11b, 13 | ||
| Saudi Arabia | |||||||
| Senegal | 1, 3, 4, 5 | ||||||
| Serbia | 1, 4 | ||||||
| Seychelles | X |
X |
X |
X |
11a, 11b, 13 | ||
| Sierra Leone | X |
X |
X |
X |
10, 11a, 11b, 13 | ||
| Singapore | |||||||
| Slovak Republic | 3, 5, 6a | ||||||
| Slovenia | 6a | ||||||
| Solomon Islands | 1 | ||||||
| Somalia | X |
X |
X |
X |
X |
X |
13 |
| South Africa | |||||||
| Spain | |||||||
| Sri Lanka | 1 | ||||||
| Sudan | X |
X |
X |
X |
X |
X |
7 |
| Suriname | X |
X |
X |
X |
13 | ||
| Swaziland | |||||||
| Sweden | |||||||
| Switzerland | |||||||
| Syria | X |
X |
X |
X |
X |
X |
7 |
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Taiwan | |||||||
| Tajikistan | X |
X |
1, 4, 5, 10, 13 | ||||
| Tanzania | 1, 4, 5 | ||||||
| Thailand | |||||||
| Togo | X |
X |
1, 3, 4, 5, 13 | ||||
| Tonga | 1 | ||||||
| Trinidad and Tobago | 6a | ||||||
| Tunisia | |||||||
| Turkey | |||||||
| Turkmenistan | X |
X |
X |
1, 3, 5, 13 | |||
| Turks and Caicos | |||||||
| Tuvalu | 3 | ||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Uganda | 1, 5, 10 | ||||||
| Ukraine | X |
1, 4, 5, 13 | |||||
| United Arab Emirates | 8 | ||||||
| United Kingdom | |||||||
| Uruguay | 6b | ||||||
| Uzbekistan | X |
1, 3, 4, 5, 13 | |||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Vanuatu | 1 | ||||||
| Vatican City | |||||||
| Venezuela | X |
X |
X |
X |
X |
X |
13 |
| Vietnam | 1, 4, 5 | ||||||
| Virgin Islands (British) | |||||||
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Yemen | X |
X |
X |
X |
X |
X |
13 |
| Back to Quick Select | PUBLIC SECTOR | PRIVATE SECTOR | |||||
|---|---|---|---|---|---|---|---|
| COUNTRY | Up to 1 Year |
1 to 7 Years |
Over 7 Years |
Up to 1 Year |
1 to 7 Years |
Over 7 Years |
NOTE(S) |
| Zambia | X |
X |
1, 5, 13 | ||||
| Zimbabwe | X |
X |
X |
X |
X |
X |
13 |
* Total Term is from the date of authorization until final repayment - Effective August 9, 2012.
It is agreed that pursuant to the provisions of Ex-Im Bank loans and guarantees and Ex-Im Bank export credit insurance policies, the country limitation schedule has been amended effective August 9, 2012. This revision supersedes the May 17, 2012 Country Limitation Schedule and any amendments thereto.
Please note that Ex-Im Bank only sends updates to the Country Limitation Schedule via e-mail. Policyholders must register at http://www.exim.gov/lists/subscribe.cfm, or use the link from Ex-Im Bank's homepage (www.exim.gov) under "E-Mail Subscriptions" to receive updates to the CLS via e-mail along with other Ex-Im Bank publications such as the Exporter and Africa newsletters.
GENERAL CONDITIONS
Exceptions to any condition or limitation contained herein must be obtained in writing from Ex-Im Bank.
Ex-Im Bank reserves the right to set additional conditions for any particular buyer or issuing bank including the right to set a different percentage of coverage. Ex-Im Bank also reserves the right to reject any particular application.
The sector where the risk lies (public or private) and the country of the obligor, or guarantor if there is one, will generally be used for determining appropriate country limitations and fees.
The following insurance policies are affected by this country limitation schedule. Please note that Short-Term Insurance Policies are governed by the columns titled "Up to one year":
Short-Term Insurance Policies: EBD, ELC, ENB, ENV, ESC, ESM(ST), ESS, ETM(ST), EUS, FB, FB-E, FV, ESP, ESSP, FP, MCP(ST).
Medium-Term: All medium-term and lease-policy types, ESM, ETM, MCP, MRP, MSC, MSC-E, MTR, MTR-E.
Notes:
#1. Discretionary Credit Limits under Short Term Insurance Policies are withdrawn. Cover not available unless specified in a Special Buyer Credit Limit endorsement, an Issuing Bank Credit Limit endorsement, or a Country Limit of Liability endorsement.
#2. For sovereign transactions in the People's Republic of China ("China"), Ex-Im Bank will typically require an indication of Chinese government support in the form of a "Notice of MOF Guarantee" as defined in the Framework Agreement, dated January 24, 2005 between the Ministry of Finance of China and Ex-Im Bank.
For public sector non-sovereign and private sector transactions under medium- and long-term programs, Ex-Im Bank will consider transactions with financial institutions or other entities that are able to provide detailed financial information sufficient to enable Ex-Im Bank to reach a credit conclusion.
Under short-term insurance policies for public sector non-sovereign transactions, the use of Discretionary Credit Limits and Country Limits of Liability typically requires the obligation of one of the following: the Bank of China, the China Development Bank, the China Construction Bank, the Industrial and Commercial Bank of China, or the Bank of Communications. For private sector transactions, Discretionary Credit Limits are not available, and cover is not available unless specified in a Special Buyer Credit Limit endorsement or an Issuing Bank Credit Limit endorsement.
Coverage under the Working Capital Guarantee Program (WCGP) requires that the transaction be supported by an irrevocable Letter of Credit issued by a bank referenced in the immediately preceding paragraph, or by a bank pre-approved by Ex-Im Bank. Exceptions may be made for private sector transactions that are insured for comprehensive political and commercial risk.
#3. Prior to accepting an application for a preliminary or final commitment for a public sector transaction, or for any insurance or WCGP coverage for a public sector transaction, Ex-Im Bank will require an indication of host government support for the application. Contact Ex-Im Bank for more detailed information on specific markets.
#4. Ex-Im Bank cover/support for short- and medium-term private sector transactions is typically limited to transactions with a commercial bank as obligor or guarantor. Coverage under the WCGP for private sector transactions requires that the transaction be supported by an irrevocable Letter of Credit. Ex-Im Bank will consider transactions without a bank undertaking on a case-by-