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: 12 Aug 2011 | Removal date: open ended
Still in force

Trade finance

The export loan between JBIC and Vietnam Oil and Gas Group has a value of USD 95.8 million. steam turbines and related equipment from Japanese companies Toshiba Corporation and Sojitz Corporation. The loan finances the Vietnamese company's purchase of steam turbines and related equipment from Japanese companies Toshiba Corporation and Sojitz Corporation. 

In this context, JBIC stated: "JBIC is committed to support the expansion of Japanese exports to Vietnam as well as opportunities for Japanese businesses to participate in Vietnam’s projects drawing on its range of financial instruments and schemes." 

Export Loans
JBIC provides direct loans named export loans to overseas importers. Loans are obtained if it finances the purchase of Japanese machinery, equipment or technology in specific eligible sectors. The Bank hereto stated that these loans are intended to “positively contribute to Japanese companies”. Further information can be found on the Bank’s website under export loans.
 
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

431 Engines & turbines & parts
8406 Steam turbines and other vapour turbines.
840681 Of an output exceeding 40 MW
840682 Of an output not exceeding 40 MW
840690 Parts

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