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: 31 Oct 2012 | Removal date: open ended
Still in force

Trade finance

An official press report of Eximbank of Russia dated 13 December 2012 has announced that the Russian Government has issued a guarantee at the amount of 430 million USD in relation to a credit contract that Eximbank of Russia has signed in 2015 with the Government of Angola.
 
The purpose of the financial scheme supported by the Government of the Russian Federation is development of the first satellite communications and transmission system in Angola (6-digit HS code: 880250Spacecraft (including satellites) and spacecraft launch vehicles). Currently, almost half of its population does not have access to electronic means of communication. The Russian companies Rosoboronexport and Energiya will manufacture the geostationary satellite in Angola. The satellite is scheduled to be launched by them in the second half of 2016.

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.
880260 Spacecraft (including satellites) and suborbital and spacecraft launch vehicles

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