Aviation

U.S. Department of Commerce Extends RELIEF Component II Timelines

Based on · First reported

U.S. Department of Commerce Extends RELIEF Component II Timelines
Image: economictimes.indiatimes.com
  • The Department of Commerce announced an extension of the timelines for Component II of the RELIEF program, which was originally launched on March 19, 2026.
  • The extension is intended to protect exporters from political and economic turbulence in the Middle East, offering 95% risk coverage to those who secure ECGC cover for upcoming shipments to specified regions, and applies to standalone or whole‑turnover policies obtained on or after March 16, covering full container load, less than container load and reefer containers while excluding energy shipments.
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