In the 30 years of its existence, the Export Guarantee and Insurance Corporation (EGAP) has helped Czech companies in 130 countries with the export of goods, technologies, or projects worth more than CZK 1tn (approx. EUR 40 bn). The insurance company announced that now exporters will need its services mainly in the search for new markets to replace the missing orders from Russia, Belarus, and Ukraine. However, they plan to return to the latter during the post-war reconstruction of the country. This was agreed by representatives of companies and banks at a meeting organised by EGAP on the occasion of its anniversary.
Prepared by the team of CzechTrade Egypt