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: 27 Apr 2016 | Removal date: open ended
Still in force

Financial assistance in foreign market

On 27 April 2016, the Japan Bank for International Cooperation (JBIC) signed a USD 97.5 million overseas investment loan agreement with Vietnamese SEI Electronic Components (Vietnam) Ltd. (SEEV) The company is a Vietnamese subsidiary of Japanese Sumitomo Electric Industries, Ltd. (SEI).
The loan finances the expansion of the Vietnamese subsidiary's production capability for manufacturing and exporting electronic components to a number of Asian countries.
In this context the Bank stated: 'Through the loan to SEEV, JBIC intends to support SEI's business expansion in overseas countries and thereby contribute to maintaining and strengthening the international competitiveness of Japanese industries.'
 
Overseas investment loans
JBIC provides direct loans named overseas investment loans to Japanese companies, overseas affiliates or joint ventures where Japanese companies hold equity interests and governments or financial institutions partying with such overseas affiliates. Loans support projects in specific sectors or with a specific purpose of interest to Japan. Further information can be found on the Bank's website under overseas investment 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 trading partners are identified based on UN Comtrade's import data from 2014.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

471 Electronic valves & tubes; electronic components; parts
8532 Electrical capacitors, fixed, variable or adjustable (preset).
853210 Fixed capacitors designed for use in 50/60 Hz circuits and having a reactive power handling capacity of not less than 0.5 kvar (power capacitors)
853221 Tantalum
853222 Aluminium electrolytic
853223 Ceramic dielectric, single layer
853224 Ceramic dielectric, multilayer
853225 Dielectric of paper or plastics
853229 Other
853230 Variable or adjustable (preset) capacitors
853290 Parts
8542 Electronic integrated circuits.
854231 Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
854232 Memories
854233 Amplifiers
854239 Other
854290 Parts

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