26 March 2020 – Extended government insurance schemes for export businesses

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Industry interventions
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Dutch Government has temporarily increased support measures for businesses who export goods or services from the Netherlands by making changes to its export insurance scheme.

The scheme allows export businesses to insure their transactions by the Dutch Government (e.g. if overseas buyers can no longer pay for goods due to civic or political unrest in their country).

The extended scheme allows businesses to get short-term loans (under 2 years) guaranteed by the Government, alongside additional export insurance coverage both domestically and overseas. The changes will remain in place until the end of 2020. The policy is intended to facilitate international trade and to prevent the loss of exports and jobs.
Full details here: https://business.gov.nl/subsidy/export-insurance-policy/