Legislative part

Under the conditions laid down in this chapter, the State guarantee may be granted to operations contributing to the development of France’s foreign trade, to exporting French companies and to legal entities governed by foreign law which they control alone or jointly within the meaning ofArticle L. 233-3 of the Commercial Code when recourse to a local law entity is necessary, or to French companies importing or investing abroad or,…

A body is entrusted by the State with managing and issuing, under its supervision, on its behalf and in its name, the public guarantees for foreign trade provided for in Article L. 432-1.These guarantees may be granted:1° : a) For insurance against commercial, political, monetary and catastrophic risks, relating to transactions likely to contribute to the development of France’s foreign trade or of strategic interest to the French economy abroad;…