Japan: Funding of Chilean purchases of Japanese exports
Description
On 21 March 2010 the Japan Bank for International Cooperation (JBIC) agreed to extend export credit lines, worth 4 billion yen and 40 million USD respectively, to Banco Santander Chile. According to the relevant press release "These credit lines...will provide financing for Chilean importers to facilitate their import of machinery, equipment, and services from Japanese firms." The press release goes on to note that purchases of digital broadcast equipment by Chile could be supported by this initiative, in particular equipment compatiable with the ISDB-T standard that was developed in Japan.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered:
Implemented: Yes
Date of inception: 21 Mar 2010
GTA Evaluation: Red
Source:
"Export Credit Lines for Banco Santander Chile." 23 March 2010. Press release available at www.jbic.go.jp
Government Response:
- 305 reads
