Export credit agencies urged to extend Cape Town discount to rail under the Luxembourg Rail Protocol
15. June 2026
Export Credit Agencies (ECAs) from OECD States, at their annual CSO consultation meeting in Paris, were today strongly urged to extend to railway rolling stock the risk premium discount of up to 10% they already provide in relation to aircraft finance where the Cape Town Convention (CTC) applies, as momentum grows behind the Luxembourg Rail Protocol as a tool to support more competitive financing for rail exports.