Export Credit Agencies and the International Law of Human Rights - January 2008
This paper examines international human rights law and officially-supported export credit agencies. It argues that under international law, specifically the principles of ‘state responsibility,’ the acts and omissions of export credit agencies are attributable to their states. States are therefore responsible under international law for the operations of their export credit agencies, including any ‘wrongful acts’ that these agencies may commit. Such wrongful acts may include violations of the state’s international human rights obligations. The paper argues that state obligations under international law are not currently being met in the provision of officially-supported export credit and investment insurance services. Moreover, the paper argues that through the operations of their export credit agencies, home states can be found complicit in the human rights violations of host governments. Finally, the paper provides recommendations for home states in the area of officially-supported export credit agencies and international human rights.Click here for a PDF version of the full paper.
The Halifax Initiative
The Halifax Initiative is a Canadian coalition of development, environment, faith-based, human rights and labour groups.
Our goal is to fundamentally transform the international financial system and its institutions, namely the World Bank, the International Monetary Fund and export credit agencies.
By doing so, we hope to achieve poverty eradication, environmental sustainability and the full realization of human rights.