UK's export credit agency increases risk exposure capacity for UK companies in Georgia

UK Export Finance ‘helps UK companies of all sizes and in all sectors​ win, fulfil and get paid for export contracts’. Photo: Nino Alavidze/, 10 Sep 2020 - 12:48, Tbilisi,Georgia

UK Export Finance (UKEF), the UK's export credit agency, has increased the capacity of market risk appetite to £3 billion for Georgia this year which is the total amount of risk exposure the agency be willing to support for new businesses in Georgia.

Risk exposure is the measure of potential future loss resulting from a specific activity or event.

This additional support will help companies to access finance for projects, opening up new and exciting trade opportunities,” UK Minister for European Neighbourhood Wendy Morton on her twitter account.