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: 20 Dec 2011 | Removal date: open ended
Still in force

Trade finance

The Korean Eximbank's financial support for the Korean company OCI's exports to the 9MW Solar Photovoltaic Project in the United States has a total value of USD 12 million.

In this context, the Eximbank stated: "Korean companies have relatively less experience in the photovoltaic industry as they are late entries in the sector. As such, this financing for OCI will greatly assist Korean companies enter the US market, which is quickly becoming the largest photovoltaic power market in the world."

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

471 Electronic valves & tubes; electronic components; parts
8541 Diodes, transistors and similar semiconductor devices; photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes; mounted piezoelectric crystals.
854140 Photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes

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