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 May 2012 | Removal date: open ended
Still in force

Financial assistance in foreign market

The overseas investment loan agreement between JBIC and Indian Synthetic Rubber Limited has a maximum value of USD 66.6 million. The company is a joint venture between Japanese Marubeni Corporation, Indian Oil Corporation Limited and TSRC Corporation incorporated in Chinese Taipei.

The loan finances a project, in which the joint venture company will produce synthetic rubber and sell it to the Indian market.

In this context, the Bank stated: "JBIC will continue to support Japanese firms' overseas business activity in growing markets like India, by drawing on its various financial facilities and schemes for structuring projects and performing a risk-assuming function."

Overseas investment loans
JBIC provides direct loans named overseas investment loans to Japanese companies, overseas affiliates or joint ventures where Japanese companies hold equity interests and governments or financial institutions partying with such overseas affiliates. Loans support projects in specific sectors or with a specific purpose of interest to Japan. Further information can be found on the Bank’s website under overseas investment 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

348 Synthetic rubber & mixtures thereof in primary forms
4002 Synthetic rubber and factice derived from oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 40.01 with any product of this heading, in primary forms or in plates, sheets or strip.
400211 Latex
400219 Other
400220 Butadiene rubber (BR)
400231 Isobuteneisoprene (butyl) rubber (IIR)
400239 Other
400241 Latex
400249 Other
400251 Latex
400259 Other
400260 Isoprene rubber (IR)
400270 Ethylenepropylenenonconjugated diene rubber (EPDM)
400280 Mixtures of any product of heading 40.01 with any product of this heading
400291 Latex
400299 Other

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