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: 21 Dec 2012 | Removal date: open ended
Still in force

Trade finance

An official press report of Eximbank of Russia dated 21 December 2012 has announced that it has signed a credit contract with the Panama-based company "SAAL" worth 75 million USD. The purpose of the financing scheme with participation of the Russian state is to ensure the acquisition of three Russian airplanes -158 under leasing contracts by the Cuban company Aviaimport S.A.
 
The most recent data that UN Comtrade provides on the exports to Cuba concerning this HS code is from 2006. The exporters are: Russia and France. Since Russia is the implementing jurisdiction of this measure, the GTA has indicated only France as affected trading partner.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

496 Aircraft & spacecraft; parts
8802 Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles.
880211 Of an unladen weight not exceeding 2,000 kg
880212 Of an unladen weight exceeding 2,000 kg
880230 Aeroplanes and other aircraft, of an unladen weight exceeding 2,000 kg but not exceeding 15,000 kg
880240 Aeroplanes and other aircraft, of an unladen weight exceeding 15,000 kg
880260 Spacecraft (including satellites) and suborbital and spacecraft launch vehicles

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