ANNOUNCED AS TEMPORARYNo
The import loan agreement between JBIC and the Japanese Hokkaido Electric Power Company Incorporated has a total value of JPY 11 billion (USD 105.17 million). The loan finances the Japanese company's purchase of crude oil and coal 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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