International trade finance

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Reference no: EM133093615

International Trade Finance

Slapshot Hockey Sticks Inc. is a Canadian company that manufactures high end hockey sticks for the domestic market. The have recently negotiated a deal with AthletProm Equipment of Russia. While they are excited by the deal they have been begun to doubt the viability of the deal after hearing some disturbing news. A contact in Russia said that this company has been rumoured to be in some difficulty and has extreme financial problems threatening its survival. As well the Canadian and Russian governments have had some political disagreements escalating to the point that Canada slapped sanctions on certain high profile Russian captains of industry and Canada fully expects some kind of retaliation affect outstanding export/import permits. What possible political and commercial risk might they encounter and how might they use the product or services of the Export Development Corporation to potentially mitigate against these risks.

Reference no: EM133093615

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