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The Berne Union and Prague Club to meet in Warsaw

04-05-2016

The members of the Berne Union and the Prague Club, organisations representing export credit agencies and foreign investment insurers from around the world, will meet in Warsaw between 9th and 13th May. Several debates and workshops will be held during the annual Spring Meeting aimed at developing new forms of support for exports and analysing new markets for export.

This year’s Berne Union and Prague Club Spring Meeting is hosted by the Export Credit Insurance Corporation (KUKE).

Representatives of export credit insurance agencies and insurers of foreign investments will discuss topics connected with the promotion of international trade, including business trends, new developments in trade and international investments, as well as the situation of companies operating in the sector. There will also be debates on the conditions pertaining to the conduct of investment activity on markets in sub-Saharan African countries, Latin America, the Persian Gulf, and Egypt. This year’s Spring Meeting guests will discuss credit risk assessment mechanisms and guarantee instruments.

The meetings also serve to promote our economy and plans for its development among international partners.

One of the key points on the agenda will be a discussion and vote held on the formal merger of the Berne Union and Prague Club, which will take place on 11th May. The address of the Deputy Minister Radosław Domagalski-Łabędzki, Undersecretary of State in the Ministry of Development, has been planned shortly after the voting session, at 2:30 p.m.

"Poland stands at the threshold of another important stage of economic growth where it is moving away from an import-oriented economy to an export-oriented one. Companies like KUKE and other members of the Berne Union and Prague Club are essential to the effective promotion of the economic development of every country on a global scale," Marek Czerski, KUKE President explained. “We are proud of the fact that we can host this year’s Berne Union and Prague Club Spring Meeting and we want to show our guests a dynamically developing Polish economy and explore the options for the further development of rapidly changing global markets,”  he adds.

"I would like to express my gratitude to KUKE on behalf of the Berne Union and Prague Club for the invitation to organise this year’s Berne Union and Prague Club Spring Meeting in Warsaw. This is the perfect place for this historic meeting during which Berne Union and Prague Club members will vote on the formal merger of both organisations,” Topi Vesteri, President of the Berne Union asserted.

 

The Berne Union And Prague Club

The Berne Union was established in 1934 at the initiative of private and state export credit insurers from France, Spain, Italy and Great Britain. The name itself comes from the city where its inaugural meeting was held, in Berne, Switzerland.

From that moment on, its main objectives and tasks have remained unchanged, continuing to pro-actively facilitate international trade by supporting sound rules and principles applying to export credit insurance and foreign investment insurance schemes and facilitating professional knowledge and information exchange between Union members.

The Berne Union founded the Prague Club in 1993. KUKE, alongside partners from the Czech Republic, Hungary and Slovakia, was the initiator and proponent of its establishment. The Club aims to support starting up and developing export credit agencies and foreign investment insurers.

Today, the Berne Union (with the Prague Club), which has 80 members comprising of companies from all over the world, has become the leading organisation in the export credit and investment insurance industry providing support to the state.
                            
The full integration of both associations to form one organisation in order to facilitate effective collaboration, information exchange and cost optimisation is currently under discussion between the members of the Berne Union and the Prague Club.

KUKE is a full member of the Berne Union since 1999 and of the Prague Club since its inception in 1993.

www.berneunion.org