China Export & Credit Insurance Corporation (Sinosure)
China Export & Credit Insurance Corporation (Sinosure), officially known as China Export & Credit Insurance Corporation, is a state-owned insurance company in China. It specializes in export credit insurance and related financial services to facilitate trade between Chinese companies and international counterparts, including Pakistan.
Sinosure offers various insurance products and services that help mitigate the risks associated with international trade transactions. Its primary focus is on providing insurance coverage for Chinese exporters, including guarantees against buyer default, political risks, and non-payment. These insurance products aim to protect Chinese companies from potential losses arising from overseas trade activities.
In the context of Pakistan, Sinosure plays a significant role in supporting trade and investment between the two countries. It offers insurance coverage to Chinese companies exporting goods and services to Pakistan, providing them with increased confidence and security in their business transactions. This insurance coverage can help facilitate trade by reducing the financial risks involved and promoting more extensive cooperation between Chinese and Pakistani businesses.
Moreover, Sinosure's involvement goes beyond export credit insurance. The company also provides other financial services, such as credit assessment and risk management advisory, to support the financial aspects of trade and investment activities. Sinosure's services contribute to promoting stable and sustainable trade relationships between China and Pakistan.
As a state-owned enterprise, Sinosure operates under the guidance and supervision of the Chinese government. It aligns with the government's policies and initiatives, including the Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC). Sinosure's services and support play a crucial role in facilitating trade and enhancing economic cooperation between China and Pakistan.
Founded: 2001
Headquarters: Beijing 100033, China
Office in Pakistan: n/a
Website: https://www.sinosure.com.cn/en/
