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: 28 Dec 2009 | Removal date: open ended
Still in force

Trade finance

On 28 December 2009, the Japan Bank for International Corporation (JBIC) signed an export loan agreement with the Development Bank of Kazakhstan (DBK) totalling an approximate maximum of JPY 3.4 billion (approx. USD 37 million). Through DPK the loan will finance the Kazakh company Crystal Management LLP's thermal power plant project. The loan's proceeds will finance the purchase of three gas turbines and related equipment from Japanese company Hitachi Ltd.
 
In this context JBIC stated: 'JBIC is committed, through efforts similar to this financing, to supporting the expansion of Japanese firms' business operations in Kazakhstan, thereby helping to strengthen the economic ties between Japan and Kazakhstan.'
 
Export loans
JBIC provides export loans to overseas importers or foreign banks. Such loans 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.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

431 Engines & turbines & parts
8411 Turbojets, turbopropellers and other gas turbines.
841111 Of a thrust not exceeding 25 kN
841112 Of a thrust exceeding 25 kN
841121 Of a power not exceeding 1,100 kW
841181 Of a power not exceeding 5,000 kW
841182 Of a power exceeding 5,000 kW
841191 Of turbojets or turbopropellers
841199 Other

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