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: 09 Feb 2016 | Removal date: open ended
Still in force

Trade finance

 On 9 February 2016, the Indonesian Eximbank announced in a press release that it would provide 270 billion IDR (ca. 20 million USD) to finance the provision of 150 Indonesian-made rail carriages by. Bangladesh Railways.
The carriages will be delivered by the end of September 2016.
The Eximbank stated that the move comes after the decree from the Ministry of Finance 1156/KMK.08/2015 introduced last year required the bank to support export financing of the rail industry. However, this decree is not available on the website of the Ministry.
Bangladesh did not import rail carriages worth more than 1 million USD in 2015 from a single country. Hence, no affected trading partners were selected.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.