The Export Credit Guarantee Corporation (ECGC) of India provides insurance cover to exporters against risks of non-payment by foreign buyers due to both commercial and political risks.
This coverage helps in protecting exporters from potential losses arising from such risks. ECGC also offers financial support by providing pre-shipment and post-shipment finance to exporters through a network of banks, facilitating smoother trade transactions.
However, ECGC is not responsible for setting up trade promotion and marketing campaigns for Indian exporters. This function typically falls under other trade promotion agencies or organizations.
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