IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 17 Jun 2014 | Removal date: open ended
Still in force

Localisation incentive

On 17 June 2014, The Banco de la Nacion Argentina (BNA) launched a new line of personal loans called "Mi Moto'' ("My Motorcylce"). This line is aimed to finance the acquisition of new vehicles that are exclusively manufactured in Argentina.
 
This line of loans, is characterized with a fixed rate of 26% to 32% and a duration of up to 40 months. Furthermore, the line also specifies the presence of a French amortization system and a maximum amount (per user) of USD 1591.16 (of up 100% value of the unit).
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 COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

499 Other transport equipment & parts
8711 Motorcycles (including mopeds) and cycles fitted with an auxiliary motor, with or without sidecars; sidecars.
871120 With reciprocating internal combustion piston engine of a cylinder capacity exceeding 50 cc but not exceeding 250 cc
871130 With reciprocating internal combustion piston engine of a cylinder capacity exceeding 250 cc but not exceeding 500 cc
871140 With reciprocating internal combustion piston engine of a cylinder capacity exceeding 500 cc but not exceeding 800 cc
871150 With reciprocating internal combustion piston engine of a cylinder capacity exceeding 800 cc

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