Institution

K-Sure

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Korea Trade Insurance Corporation. State export-credit insurer covering Korean exporters and, through buyer credit, their foreign customers.

Standing view

The desk's standing view: K-Sure's cover is the most under-used instrument in the corridor. It insures Korean exporters against non-payment and currency events, and offers buyer credit to foreign purchasers of Korean capital goods, including Spanish ones.

Most Spanish importers of Korean equipment have never asked whether the deal qualifies. Many would.

On the desk

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