IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Oct 2011 | Removal date: open ended
Still in force

Trade finance

On October 13, 2011, Australia's Export Finance and Insurance Corporation (EFIC) provided a USD 582,000 export working capital guarantee to TTG Transportation Technology Pty Ltd, specialising in the provision of train management software, focusing on fuel efficiency and timetable achievement. The guarantee was provided in order to facilitate the company's contractual duties related to a project acquired through a tender in the UK.
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.

AFFECTED COUNTRIES

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