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Middle East

Country information updated 21 Mar 2014

The following list of Middle Eastern countries shows their country risk classification and the New Zealand Export Credit Office (NZECO)’s indicative level of cover, for credit exceeding one year.

  1. Country Initial
  2. B
  3. E
  4. I
  5. J
  6. K
  7. O
  8. P
  9. Q
  10. S
  11. T
  12. U
  13. Y
 
Country Information for Middle East
Country Risk Rating Cover Status
Bahrain 4 On Cover
Egypt 4 Limited Cover
Iran 7 Limited Cover
Iraq 7 Limited Cover
Israel 3 On Cover
Jordan 5 On Cover
Kuwait 2 On Cover
Lebanon 7 Limited Cover
Oman 2 On Cover
Palestinian State 7 Limited Cover
Qatar 3 On Cover
Saudi Arabia 2 On Cover
Syria 7 Off Cover
Turkey 5 On Cover
United Arab Emirates 2 On Cover
Yemen 7 Normally Off Cover

Notes

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
Status Cover Status "Limited Cover" signifies that the export transaction will have to satisfy more stringent conditions in the NZECO's risk assessment for the NZECO to guarantee it. For example, to offset the increased risk, the NZECO may demand a higher level of risk participation sharing, may charge a higher premium, or may require collateral of some type. In the worst case, the NZECO may refrain from accepting the application.

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 the NZECO.

If the country you are looking for is not on the list, contact the NZECO office.

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