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: 27 Nov 2013 | Removal date: open ended
Still in force

Financial assistance in foreign market

The overseas investment loan agreements between JBIC and Japanese Marubeni Corporation has a maximum value of USD 479 million. The loan finances the Japanese company's acquisition of a 30% share in the Chilian Minera Antucoya from British Antofagasta PLC and hereafter for the development of the Antucoya Copper Mine under the "Antucoya Copper Mine Development Project in Region II of Chile". In this project, the Japanese company is expected to take delivery of 30% or 24,000 tonnes annually of copper cathodes.

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

414 Copper, nickel, aluminium, alumina, lead, zinc & tin, unwrought
7403 Refined copper and copper alloys, unwrought.
740311 Cathodes and sections of cathodes

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