IMPLEMENTATION LEVEL

NFI

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: No inception date

Trade finance

 On 12 April 2016, the Italian state financing agency Cassa Depositi E Prestiti announced it would provide Iranian public companies with a loan of 4 billion EUR to finance the participation of Italian companies in lranian infrastructure, oil & gas as well as transport projects.
The loan will be guaranteed by the Italian Eximbank SACE. Furthermore, SACE will provide an additional 800 million EUR for the involvement of Italian SMEs in the provision of consumer goods and machinery by Iran.
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.
The list of affected trading partners is based on 2014 trade figures. As Iran did not have bilateral trade worth at least 1 million USD in any of the selected HS codes, no affected trading partners were selected.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

432 Pumps, compressors, hydraulic & pneumatic power engines; parts
8413 Pumps for liquids, whether or not fitted with a measuring device; liquid elevators.
841311 Pumps for dispensing fuel or lubricants, of the type used in fillingstations or in garages
841319 Other
841320 Hand pumps, other than those of subheading 8413.11 or 8413.19
841330 Fuel, lubricating or cooling medium pumps for internal combustion piston engines
841340 Concrete pumps
841350 Other reciprocating positive displacement pumps
841360 Other rotary positive displacement pumps
841370 Other centrifugal pumps
841381 Pumps
841382 Liquid elevators
841391 Of pumps
442 Machine-tools & parts
8459 Machinetools (including waytype unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centres) of heading 84.58.
845910 Waytype unit head machines
845921 Numerically controlled
845929 Other
845931 Numerically controlled
845940 Other boring machines
845951 Numerically controlled
845961 Numerically controlled
845969 Other
845970 Other threading or tapping machines
491 Motor vehicles, trailers & semi-trailers; parts
8702 Motor vehicles for the transport of ten or more persons, including the driver.
870210 With compressionignition internal combustion piston engine (diesel or semidiesel)
870290 Other
495 Railway & tramway locomotives & rolling stock; parts
8601 Rail locomotives powered from an external source of electricity or by electric accumulators.
860110 Powered from an external source of electricity
8602 Other rail locomotives; locomotive tenders.
860290 Other
8603 Selfpropelled railway or tramway coaches, vans and trucks, other than those of heading 86.04.
860310 Powered from an external source of electricity

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