Country information

EKF’s risk assessment when exporting to Iraq

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EKF's cover policy towards Iraq

High payment risk EKF covers only the risks associated with business transactions in the country if the buyers meet a number of very stringent requirements that limit EKF's risk liability. The payment risk may however be so high that EKF does not wish to engage in any business transactions in the country.

Political risk assessment - export

Credit periodCountry risk classification (0-7)Terms of cover
Up to 1 year7
Buyers with special merits only
1-5 years7
Buyers with special merits only
More than 5 years7
Buyers with special merits only
Special guarantees7
Case-by-case decision

Political risk assessment - investments

Type of guaranteeCountry risk classification (0-5)Terms of cover
Guarantee for equity investmentsContact EKF 

Business climate

Challenging business climate The commercial framework conditions in the country are challenging or poor. There may be extensive problems with several aspects of the business climate and it may be difficult to conduct business in the country.

Further information about Iraq

POPULATION AREA GDP PER CAPITA
32,585,692 438,317 km26,165 US$
General assumptions for EKF's risk assessments
This information constitutes EKF’s guideline country cover policy at publishing date. The policy is not binding for EKF regarding specific applications for export credit guarantees. Before any commitment is made based on the country cover policy, we recommend contacting EKF for further advice.
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Peter Toft

For more information on the country

Contact EKF’s country and bank analyst:
Peter Toft
+45 35 46 26 53
pto@ekf.dk
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