IMPORTERS AND EXPORTERS
Companies trading with overseas clients and governments encounter a number of potential risks that they do not experience in domestic markets. Even when a contract is commercially sound, the inability to convert and transfer currency can have a detrimental effect on contract fulfillment. The performance of private counterparties is vulnerable to unforeseen political events in the host country such as confiscatory actions, political violence or license cancellation. In transactions where a host government entity is the counterparty, political risk escalates to non-payment and contract repudiation risk.
CFS International can help arrange coverage that can mitigate exposures to many country related problems and enable importers and exporters to take advantage of overseas opportunities.