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: 30 Jun 2013 | Removal date: open ended
Still in force

Trade finance

On 22 August 2013, the Australian export credit agency Efic published its 2012/13 annual report. The report included a list of all beneficiaries of trade finance for the given fiscal year.
One of these beneficiaries was Xstrata Coal Queensland Pty Ltd, where Efic joined in a risk participation agreement worth 39.5 million AUD (Efic's participation) for exports of coking coal.
Given that Efic does not provide the exact date that the trade finance deal was signed, the most conservative date, i.e. the 30 June 2013, was set as the inception date.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

331 Coke & semi-coke of coal, of lignite or of peat; retort carbon
2704 Coke and semicoke of coal, of lignite or of peat, whether or not agglomerated; retort carbon.
270400 Coke and semicoke of coal, of lignite or of peat, whether or not agglomerated; retort carbon.

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