IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Jan 2017 | Removal date: open ended
Still in force

Trade finance

The insurance of EXIAR in the amount of USD 150 million of Uralchem drawn from the Russian banks Exim Bank of Russia and VTB. The maturity of these loans is up to 1.5 years. However, it is not clarified whether the insurance of the EXIAR is with the same maturity. 

 

AFFECTED COUNTRIES

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AFFECTED SECTORS AND PRODUCTS

341 Basic organic chemicals
3102 Mineral or chemical fertilisers, nitrogenous.
310250 Sodium nitrate
346 Fertilizers & pesticides
3102 Mineral or chemical fertilisers, nitrogenous.
310210 Urea, whether or not in aqueous solution
310221 Ammonium sulphate
310229 Other
310230 Ammonium nitrate, whether or not in aqueous solution
310240 Mixtures of ammonium nitrate with calcium carbonate or other inorganic nonfertilising substances
310280 Mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution
310290 Other, including mixtures not specified in the foregoing subheadings

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