Page updated 25 Feb 2016

The following list of countries and territories in Asia shows their country risk classification and NZECO's indicative level of cover. The country policy applies primarily to NZECO's Short-Term Trade Credit and Export Credit Guarantee products.

Note that Turkey has been included under Europe.

Country Information

Country Risk Rating Cover Status
Afghanistan 7 Off Cover
Bangladesh 5 Limited Cover
Bhutan 6 Limited Cover
Brunei 2 On Cover
Cambodia 6 Limited Cover
China 2 On Cover
Hong Kong 1 On Cover
India 3 On Cover
Indonesia 3 On Cover
Japan 0 On Cover
Kazakhstan 6 Limited Cover
Korea, South 1 On Cover
Laos 7 Limited Cover
Macau 2 On Cover
Malaysia 2 On Cover
Maldives 6 Limited Cover
Mongolia 6 Limited Cover
Myanmar 7 Limited Cover
Nepal 6 Limited Cover
Pakistan 7 Limited Cover
Philippines, The 3 Limited Cover
Singapore 0 On Cover
Sri Lanka 6 Limited Cover
Taiwan 1 On Cover
Timor-Leste, The 6 Limited Cover
Turkmenistan 6 Limited Cover
Thailand 3 On Cover
Uzbekistan 6 Limited Cover
Vietnam 5 Limited Cover

This Country Cover information describes the Export Credit Office's guiding cover-policy at the time of issue. The information does not necessarily reflect the present possibilities for cover. Before acting on the background of this material, the company/bank is requested to obtain further information from NZECO. If a country is not on the list, contact us.

Risk Rating
Each country is rated by the OECD on a scale from 0 to 7; with 0 for low financial risk and 7 for high financial risk. Ratings may change.
Cover Ratings
On Cover
NZECO is open for cover across the range of private and public buyers, subject to NZECO’s standard underwriting criteria for each transaction.
Limited Cover
NZECO is open for cover although this may be for a limited profile of buyers and/or only for transactions with shorter credit terms. NZECO may apply more stringent underwriting criteria and conditions of support. For example, any NZECO approval may require a higher level of risk sharing from the Insured and/or an extended claims waiting period.
Off Cover
With limited exceptions, we are off cover on all buyers in these countries.
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