The role of the export credit insurance in promoting the foreign trade of Arabcountries and its prospects in light of the Covid 19 crisis

Abstract

This study aimed to highlight the mechanism of securing the export loan, and the extent of its effectiveness in developing the foreign trade of Arab countries, and to address the insurance coverage measures for export loans in order to stimulate foreign trade In light of the spread of the Covid-19 crisis; The study reached a number of results, the most important of which are: The export credit insurance mechanism contributes to stimulating exports and trade exchanges, and this enhances the growth of foreign trade for Arab countries. The insurance procedures for export loans are insufficient in the long run, and the crisis revealed the importance of the electronic approach to insurance coverage.
The study concluded several proposals, the most important of which are: Creating a crisis management insurance fund for export credit insurance agencies. Adapting insurance contracts with this type of crisis and issuing their own insurance documents, keeping pace with electronic development and adapting insurance operations in line with its requirements.