IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 01 Nov 2011 | Removal date: 30 Dec 2015

Trade finance

 On 12 October 2011, Switzerland amended its decree on Swiss Export Risk Insurance, temporarily raising the coverage ratio for working capital insurance from 80 to 95%. Furthemore, the coverage ratio for counter guarantees was increased from 95 to 100%.
The amendment came into force on 1 November 2011 and will apply until 31 December 2015.

AFFECTED COUNTRIES

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