IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 28 Jan 2015 | Removal date: open ended
Still in force

Trade finance

On 28 January 2015 the Japan Bank for International Cooperation signed (JBIC) a JPY 4.463 billion (ca. USD 37.48 million) export credit line agreement with the governmental National Bank for Foreign Economic Activity of the Republic of Uzbekistan. The loan funds the state of the Republic of Uzbekistan's development of terrestrial digital broadcast networks in various cities, including purchasing various digital broadcast network facilities from Japanese Ogawa Seika Co., Ltd.
In this context the Bank stated: 'Thus this project will contribute to not only developing a high-quality terrestrial digital broadcast network in Uzbekistan through financial support for exporting related equipment from Japan but also to maintaining and strengthening the international competitiveness of Japanese companies.'
 
Export credit lines
JBIC provides direct loans to overseas importers or export credit lines to foreign banks. Loans or credit lines are obtained if it finances the purchase of Japanese machinery, equipment or technology in specific eligible sectors. The Bank hereto stated that these loans are intended to 'positively contribute to Japanese companies'. Further information can be found on the Bank's website under export loans.
 
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
 
According to UN Comtrade, no trading partner exceeded the GTA threshold of USD 1 million in on the affected tariff lines in the year prior to the intervention. Thus, no affected trading partners have been identified.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

472 Television & radio transmitters; cameras; telephone sets
8525 Transmission apparatus for radiobroadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras, digital cameras and video camera recorders.
852550 Transmission apparatus
852560 Transmission apparatus incorporating reception apparatus
852580 Television cameras, digital cameras and video camera recorders

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