Export Finance Australia (EFA) and Nippon Export and Investment Insurance (NEXI) have signed an updated reciprocal reinsurance agreement in Tokyo to strengthen risk-sharing, support larger and more complex deals, and streamline transaction execution between the two export credit agencies.
The agreement, announced on 16 March, reinforces joint support for priority areas including climate and energy security, Indo-Pacific infrastructure, and critical minerals, reflecting both agencies’ commitment to enabling cross-border investment and export activity in strategically important industries.
The renewal comes ahead of the 2026 commemoration marking 50 years since the Basic Treaty of Friendship and Cooperation, which laid the foundation for modern economic and strategic collaboration between Australia and Japan across multiple sectors.
“EFA and NEXI enjoy a strong and collaborative relationship that mirrors the broader partnership between Australia and Japan,” said EFA managing director and chief executive officer John Hopkins, adding that the refreshed deal will “create new avenues” to assist exporters and deepen commercial ties.
“Today’s signing marks an important milestone, and we strongly hope that it will lead to further progress in our project-level cooperation across a broad range of fields,” said NEXI CEO Atsuo Kuroda. “Through close collaboration and the sharing of our respective expertise, we are committed to contributing to the sustainable economic growth of both Australia and Japan.”
EFA is Australia’s export credit agency, which provides commercial finance for export trade and overseas investment and infrastructure development. NEXI is Japan’s export credit agency established in 2001 under the Trade and Investment Insurance Act as a successor to the trade and investment insurance administered by the Japanese government.
