Country/political risk - in additio

Country/political risk - in addition to restrictions on the export
customer to send payments overseas, a change in government regulations
could prevent or restrict the Producer/Exporter’s ability to ship products
to the selected export market. This arises because many countries
regulate the import and export of goods. Unexpected regulatory changes,
such as cancelling of permits or licenses, may occur between entering and
settling a export sales contract.
How can it be mitigated - the Producer/Exporter should always research
the country of destination of its goods and identify any associated risks.
They should examine the need for credit insurance, identify the most
appropriate policy and investigate competitive products and services.
Political risk insurance allows the KSA company to leverage against any
damage caused by the actions of the foreign government – including
confiscation, expropriation (expropriation is a governmental taking or
modification of an individual’s property rights, usually by eminent domain)
and nationalisation.