Country trade data

• Covers the exporter against non-payment of debts due to commercial, political, catastrophic, and non-transfer risks
• The policy is underwritten for a period of 1 year, and is renewable by tacit agreement
• The exporter must declare outstanding payment within 1 month from the due date; the collection service assists with the recovery of the debt
• Compensation occurs 3 to 6 months from the declaration of loss

• Covers the exporter against non-payment of debts due to extended payment default and insolvency of the foreign buyer following a reorganization or liquidation
• The policy is underwritten for a period of 1 year and is renewable by tacit agreement
• A lump-sum premium, including investigation and subscription fees, is paid upon signing and renewal of the contract

• Exports of capital goods or carrying out of public work contracts, for contracts longer than 1 year
• Buyer credits of a duration greater than 2 years: Protects the exporter against the risks of non-payment due to insolvency following a liquidation, deficiency of a private or public debtor, moratorium issued by the administrative authorities of this country, war or natural disaster, and political or administrative difficulties preventing or delaying the transfer of funds

• Guarantees an exporter looking for new market outlets the reimbursement of up to 50% of expenses incurred if the result of its actions proves to be unsuccessful or insufficient

• Fair insurance: Allow companies to participate in fairs and exhibitions abroad and to benefit from insurance against loss that may result from the failure of their commercial action
• Cost: 3% of the approved budget, payable upon signature of the contract
• A guarantee request must be submitted to SMAEX no later than 30 days before the date of the event
• Debt recovery assistance:
• Amicable and judicial recovery options

• 90% insurance cover

• 6-month claim period

• 2023: CESCE acquired a 19.89% stake in SMAEX