IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

SMEs

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 15 Mar 2013 | Removal date: open ended
Still in force

Trade finance

On 15 March 2013, the Japan Bank for International Cooperation (JBIC) agreed with Sumitomo Mitsui Banking Corporation (SMBC) to offer an export credit line to finance the overseas activities of Japanese SMEs. The credit line amounts to USD 50 million.
 
The JBIC is a public financial institution and export credit agency created on 1 October 1999 through the merger of the Japan Export-Import Bank and the Overseas Economic Cooperation Fund.
 

AFFECTED COUNTRIES

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