North Macedonia

There are no formal restrictions on cover.

Cover facilities are available on a case-by-case basis.

For short-term transactions bank security has to be provided if the foreign buyer’s creditworthiness is inadequate.

The assessment of a bank for acceptance as a guarantor or borrower is carried out case by case on the basis of informative documents and taking into account the risk involved.

Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties and international projects and tenders can be found on the website of Germany Trade & Invest (gtai, https://www.gtai.de).