Taxonomy: Affected Trading Partner - Faeroe Islands
Nigeria: Fund for restructing and refinancing loans to the manufacturing sector
Description
The Central Bank of Nigeria (CBN) as part of a N500billion power and real sector fund has given N200billion to restructure and refinance existing bank loans to the Nigerian SMEs (Small and medium scale enterprises) or manufacturing sector.
Nigeria: Deliberate devaluation of the Naira
Description
According to numerous and consistent press reports, the Central Bank of Nigeria has deliberately devalued the local currency at the end of 2008.
Russia: Food Security Doctrine is focused on import substitution
Description
The Food Security Doctrine was developed “for the purpose of implementing the state economic policy in the field of food security of the Russian Federation, aimed at ensuring reliable food supplies to the population, developing the nat
United States of America: Renewal of preferential trade programs
Description
The authorizations for two preferential trade programs that extend duty-free treatment to U.S. imports from developing countries were due to expire on December 31, 2009 unless new legislation was approved to renew the programs.
Brazil: Public financing for the production of goods for exports by small and medium companies (pre-shipment phase)
Description
Companies with gross annual income up to R$ 60 million will be able to obtain credit from the Export Financing Program - PROEX for the production of goods destined for export.
South Africa: Loans to distressed companies
Description
The Department of Trade and Industry, South Africa, has made available loans to distressed companies in manufacturing sectors identified in the National Economic Development and Labour Council (Nedlac) Framework Agreement.
United States of America: New food safety requirements
Description
The Obama administration and Congress are developing new food-safety requirements that will apply to both imported and domestically grown or processed food.
Republic of Korea: State lease-back of ships
Description
On 7 July 2009, the state-owned Korean Asset Management Corporation (KAMCO) started the implementation of a sale-and-leaseback scheme for Korean shipping companies.
