{
  "id": 13038286,
  "title": "Govt calls for wider export credit protection, financing access for small exporters",
  "url": "https://urgent.news/2026/10/09/govt-calls-for-wider-export-credit-protection-financing-access-for",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-09T05:23:12.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40443412/govt-calls-for-wider-export-credit-protection-financing-access-for-small-exporters"
  },
  "original_language": "en",
  "account": "Federal Commerce Minister Jam Kamal Khan has urged for broader access to export credit insurance and financing to aid Pakistani exporters in entering new markets, managing payment risks, and expanding their businesses. This call came during a meeting with EXIM Bank Chief Executive Officer Shahbaz H. Syed, during which Secretary Commerce Jawad Paul also attended.\n\nKhan stressed that such support should reach emerging businesses and smaller producers aiming to enter the global market. He pointed out that access to capital, practical guidance, and appropriate risk protection could help these entities grow into established exporters.\n\nDuring the discussion, Syed explained that EXIM Bank's export credit insurance shields exporters from commercial and political risks linked to overseas transactions, such as buyer default and payment or fund transfer issues in destination markets. The coverage can reach up to 90% of the insured risk, depending on terms and assessments, with exporters retaining a portion of the exposure.\n\nSyed noted that commercial banks could serve as partners and distribution channels for export credit insurance. The bank's insured export receivables could facilitate access to financing, subject to banks' requirements and regulatory frameworks.\n\nSecretary Commerce Jawad Paul emphasized the importance of linking insurance protection with practical financing arrangements. The conversation also delved into how collaboration among EXIM Bank, commercial banks, and other financial institutions could enable exporters to utilize insured transactions for obtaining working capital and business growth.\n\nThe meeting also explored the financing needs of small enterprises, particularly those supplying larger exporters, and the significance of long-term investments in production capacity alongside short-term working capital support. Khan encouraged EXIM Bank to engage more actively in trade exhibitions like FoodAg, where Pakistani exporters and international buyers can receive guidance on insurance and financing options.\n\nParticipants agreed on the need for dedicated technical sessions to explain available products and facilitate interaction with the bank. The minister stressed that these exhibition activities should allocate ample time for business-to-business meetings and commercial engagements.",
  "summary": "Federal Minister for Commerce Jam Kamal Khan has called for wider access to export credit insurance and financing to help Pakistani exporters enter new markets, manage payment risks and expand their businesses, with particular attention to small enterprises and first-time exporters. The minister was speaking during a meeting with EXIM Bank Chief Executive Officer Shahbaz H. Syed at his office.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}