The purpose of the Union is: to promote the international acceptance of reasonable principles in the field of export credit insurance, as well as the establishment and observance of discipline with regard to credit terms for international trade; to promote the preservation of reasonable principles in the field of foreign investment insurance and to maintain a favorable investment climate, by participating in efforts to provide investment insurance for the benefit of investors and host countries; to facilitate the exchange of information, assistance, expertise and advice related to the commercial and political risks involved in export credit insurance, with the political risks associated with foreign investment insurance and with all related issues; to promote and represent the export credit insurance and cross-border investment insurance industry.