In the scope of the products specially destined for export, the following risks are covered:
Political
Protracted default of the public buyer
General moratorium decreed by government of the country of the debtor
War, civil war, revolutions, and riots
Decision or act of the importing country that prevents the export
Any measure or decision of Portuguese authorities specifically targeting external trade, including those of the European Union (e.g., embargo)
Commercial
Manufacturing risk:
Suspension or revocation of the order during the manufacturing period due to arbitrary repudiation of the commercial contract or refusal to accept the goods and services delivered
Commercial risk:
Insolvency of the private debtor and, if any, of its guarantor, either de jure or de facto
Protracted default of the private buyer
Economic
Transfer risk
Convertibility risk
Catastrophic
Hurricanes and floods
Nuclear accidents
Earthquakes or tsunamis
Volcanic eruptions
The information provided on this page does not exempt the consultation of the legally required pre-contractual and contractual information.
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