аЯрЁБс>ўџ 57ўџџџ4џџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџьЅС @ №ПYbjbj5*5* 0W@W@Y џџџџџџˆ2222222Fjjjj~F2žžžžžyyyƒƒƒƒƒƒ$4R†Ї2ŒyyŒŒЇ22žžлМЬЬЬŒ 2ž2žЬŒЬЬVe@22)ž’ yЦE,Шj–Ѕ в0БxŒЌŒ)FF2222Œ2)Xy0Љ"ЬЫчЅyyyЇЇFF$jТ FFjI WOULD LIKE TO TAKE THIS OPPORTUNITY TO PRESENT THE AFRICAN TRADE INSURANCE AGENCY TO THIS IMPORTANT GATHERING OF AFRICAN COUNTRIES AND THE INTERNATIONAL DONOR COMMUNITY. ATI IS AN AFRICAN REGIONAL MULTILATERAL FOCUSSED SOLELY ON THE PROVISION OF INSURANCE FOR TRADE AND INVESTMENT FOR ITS AFRICAN MEMBER STATES. IT IS A SUCCESSFUL EXAMPLE OF AID FOR TRADE IN ACTION, AND OF A PUBLIC PRIVATE PARTNERSHIP. YOU WILL RECALL SOME OF THE SELF ASSESSEMENTS PASCAL LAMY SET OUT IN HIS SPEECH YESTERDAY: WELL, OUR AFRICAN MEMBER STATES SUPPRT AND OWN ATI, AS WE MEET THEIR NEEDS OF FACILITATING DOMESTIC, REGIONAL AND INTERNATIONAL TRADE AND INVESTMENT. WE COMBINE PRIVATE SECTOR EXPERIENCE WITH PUBLIC SECTOR CLOUT TO DELIVER THE BEST RETURN TO OUR MEMBERS; AND WE AND OUR MEMBERS ARE SUPPORTED BY IDA THROUGH THE REGIONAL TRADE FACILITATION PROJECT, AND WERE CREATED AT THE INITIATIVE OF COMESA, WHICH IS A MEMBER. WE PROVIDE SUPPORT TO AFRICAN PRIVATE SECTOR EXPORTERS, IMPORTERS AND INVESTORS THROUGH THE PROVISION OF: POLITICAL RISK INSURANCE FOR BOTH INWARD AND OUTWARD TRADE & INVESTMENT; EXPORT AND DOMESTIC SHORT TERM CREDIT INSURANCE AGAINST BUYER DEFAULT; AND LONGER TERM NON-PAYMENT COVER FOR SINGLE OBLIGORS, BOTH PRIVATE AND PUBLIC. THE OBJECTIVE IS TO HELP EXPORTERS MOVE UP THE VALUE CHAIN BY ALLOWING THEM: TO SELL DIRECTLY TO THE END BUYERS ON OPEN ACCOUNT, RATHER THAN THROUGH INTERMEDIARIES; TO EXPAND THE AVAILABILITY OF FINANCING ON MORE COST EFFECTIVE TERMS; AND PROTECT THEIR COMPANY, AND ITS EMPLOYESS, FROM THE FINANCIAL IMOPACT OF A BUYER DEFAULT. WE ACHIEVE THIS IN PARTNERSHIP WITH PRIVATE SECTOR REINSURERS SUCH AS ATRADIUS RE (WHICH IS ALSO A MEMBER OF ATI), ACE INSURANCE OF BERMUDA, AIG, ZURICH AND LLOYD’S OF LONDON, AS WELL AS BILATERAL EXPORT CREDIT AGENCIES. TO DATE, WE HAVE SUPPORTED IN EXCESS OF US$350 MILLION OF TRADE AND INVESTMENT FLOWS, AND THIS AMOUNT IS GROWING BY THE DAY. I WOULD THEREFORE LIKE TO TAKE THIS OPPORTUNITY TO ENCOURAGE AFRICAN STATES TO JOIN ATI, SO AS TO ALLOW THEIR EXPORTERS TO TAKE ADVANTAGE OF ATI’S PRODUCTS AND SERVICES. I WOULD ALSO LIKE TO ENCOURAGE THE DONOR COMMUNITY TO INCREASE ITS SUPPORT FOR ATI BY WAY OF TECHNICAL SUPPORT; DIRECT MEMBERSHIP; OR THOUGH THE PROVISION OF FUNDING, ON A CO-FINANCING BASIS WITH IDA, TO AFRICAN MEMBER STATES WHO REQUIRE ASSITANCE IN SUBSCRIBING FOR CAPITAL IN ATI. WE ARE VERY GRATEFUL FOR THE FINANCIAL SUPPORT ALREADY PROVIDED BY IDA, AND THE GRANT ASSISTANCE WE HAVE RECEIVED FROM THE EUROPEAN COMMISSION AND JAPAN, AND THE FUTURE SUPPORT OF USAID. PETER M. JONES CHIEF EECUTIVE OFFICER AFRICAN TRADE INSURANCE AGENCY :WoЊ­Џъ " - y | ™ š Ё Ш № є ї §  " % ) ж њ ќ  +  ” Ш џ   7 J K љ §  " 3 U e j Œ  В з и й 2;Wfh„ЊежсюŽшю9BGi|‰ЉЛМРЧќјєјќјќ№ќ№ќјќьќјќ№ќшќ№ј№јќјќ№фќфќрќрмрќрмрмрмрирмдрмрдмрєр№р№мр№амарємємрмрардрдр№hьkbh xh>ЕїГѓВЕГѓГм;Гѓ-БЗОГѓЕўЖйДЁГѓБшАкСГѓБЪТсГѓАкВЙўГѓЬ%Б№Гѓ{ќd-NОp[Сšђ[aўџ@€Дљ$Y P@џџUnknownџџџџџџџџџџџџG‡z €џTimes New Roman5€Symbol3& ‡z €џArial?5 ‡z €џCourier New;€Wingdings"ёˆ№аhДЋЛfДЋЛf‹Ю‹Ю!№ xД‚‚24T T 3ƒQ№KX)№џ?фџџџџџџџџџџџџџџџџџџџџџ