Aircraft Sector Understanding : Cape Town Convention (CTC) Contracting Parties Qualifying for a CTC Discount

Appendix III to the Aircraft Sector Understanding (ASU) provides for a discount from the minimum premium rate in the case a state fulfills the conditions set out in Article 22 of that Appendix. The list of states qualifying for the Cape Town Convention discount, as agreed to date by the Participants to the ASU,  is shown below.

 

  • Panama
  • Ethiopia
  • Nigeria
  • Pakistan
  • Oman
  • Malaysia
  • Senegal
  • Angola
  • Afghanistan*
  • Kenya*
  • Mongolia*
  • South Africa*
  • Indonesia*

 

* This state has made the qualifying declarations, but technical treaty implementation points have not yet been confirmed to an export credit agency by counsel.  That will be requested in connection with the next export credit supported transaction.

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