By Charlotte GAUCHON
9 April 2025
In the arena of international trade, public financial support for export credits is a powerful economic lever. Unknown to the general public but essential for exporting companies, this mechanism has undergone profound changes in recent decades. Here's an overview of this strategic mechanism and its legal implications for French exporters. The strategic importance of public support Export development is a key driver of economic growth. Yet this activity generates significant financing requirements at favourable rates. The risks inherent in international trade - unfamiliarity with foreign contractors, risk of default by foreign debtors, political risk - make exporters' actions uncertain. This is why governments have set up public institutions and procedures to promote export financing and risk coverage. As pointed out in section 1050 of the JurisClasseur Droit bancaire et financier on export credits, this support can be...