Country risk assessment crucial when trading overborder

In the volatile global environment in which we operate, country risk assessment has become more critical than ever, says Theo Reddi, general manager exports at Credit Guarantee Insurance Corporation. The recent violence in Mali when rebels attempted to overthrow the government leading to France sending hundreds of troops to the area in an attempt to stabilise the region is a case in point. “It is vital for exporters to assess a country’s risk before setting out to do business across the African borders,” he said.