Construction Of Agricultural Export Credit Insurance Legal System In China

Agriculturalexport credit insurance is an insurance service on theaccount of the insurance risk funds loaded by national finance with thefeature of policy, aiming at promoting agricultural export and protectingenterprise from the risk in getting payment of good consideration. It getsthe general recognition of the governments around the world in encouragingexport, preventing trade risk and eliminating losses.Nowadays, the main exporters of agricultural products in the world, allregard agricultural export credit insurance as an important manner inprotecting agricultural export. They not only establish export creditinsurance institutions, but also have their special export insurancecredit law. Some countries even legislate on agricultural export creditinsurance. In china, there is still no laws to regulate export creditinsurance for more than20years, let alone agricultural export creditinsurance. ForeignTradeLawandInsuranceLaw, also don’t makeexplicitProvisionofexport creditinsurance. For agricultural export creditinsurance, they’re just mentioned by Central File No. one.Referencing to the international practice of the developed countries andcombining with the current situation of our country, this article put outconstruction of legal system of our country’s agriculturalexport creditinsurance with the key point of agriculturalexport credit insurance, inorder to improve the legislation of agriculturalexport credit insurance,promote the growth of Chinese agriculturalexport credit insurancebusiness and promote the rapid development of China’s export trade.