Export Finance Australia deepens strategic ties with NEXI of Japan
Export Finance Australia (EFA) and Nippon Export and Investment Insurance (NEXI) have strengthened their longstanding partnership with the signing of an updated reciprocal reinsurance agreement.
Media release
16 March 2026
Export Finance Australia (EFA) and Nippon Export and Investment Insurance (NEXI) have strengthened their longstanding partnership with the signing of an updated reciprocal reinsurance agreement. This agreement enables EFA and NEXI to more efficiently share risk, support larger and more complex transactions, and streamline deal execution.
This announcement comes ahead of the 2026 commemoration of 50 years since the signing of the Basic Treaty of Friendship and Cooperation, which established the foundation for modern Australia-Japan collaboration.
The renewed agreement reinforces both organisations’ shared commitment to supporting cooperation in priority areas including climate and energy security, Indo‑Pacific infrastructure, critical minerals and other strategically important sectors.
The agreement was signed in Tokyo by Export Finance Australia’s Managing Director & CEO, John Hopkins, and NEXI’s Chief Executive Officer Atsuo Kuroda.
“EFA and NEXI enjoy a strong and collaborative relationship that mirrors the broader partnership between Australia and Japan,” John Hopkins said. “This refreshed agreement will create new avenues for our agencies to assist exporters, including by fostering closer commercial ties between Australian and Japanese businesses.”
Atsuo Kuroda said “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. 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.”
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About Export Finance Australia
EFA is Australia’s export credit agency. EFA provides commercial finance for export trade and overseas investment and infrastructure development. From small and medium-sized enterprises to large corporates, foreign governments and infrastructure projects, it helps Australian businesses take on the world. In doing so, EFA’s finance supports Australia’s economic security and regional resilience.
EFA administers the Australian Government’s National Interest Account, which currently includes the Southeast Asia Investment Financing Facility, the Critical Minerals Facility, the Defence Export Facility and lending for the Australian Infrastructure Financing Facility for the Pacific. EFA also provides support to other Commonwealth entities, including Housing Australia and the Northern Australia Infrastructure Facility.
About Nippon Export and Investment Insurance
NEXI is Japan’s export credit agency established under the Trade and Investment Insurance Act.
NEXI was established in 2001 as a successor to the trade and investment insurance administered by the Japanese government.
NEXI was transformed from an incorporated administrative agency to a 100% government-owned special stock company on April 1, 2017.
The purpose of NEXI is to efficiently and effectively conduct insurance business of covering risks which arise in foreign transactions, and which are not covered by commercial insurance.
