ANNOUNCED AS TEMPORARYNo
The overseas loan agreement between JBIC and The Kansai Electric Power Co., Inc. has a total value of JPY 65 billion (USD 689.76 million). The loan finances the Japanese company’s import of LNG and crude oil utilised for thermal power generation.
JBIC provides direct loans named import loan to Japanese importers or foreign exporters. Loans support trade transactions, which guarantee Japanese companies' acquisition of certain natural resources. Further information can be found on the Bank’s website under Import 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.
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