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: 24 Mar 2014 | Removal date: open ended
Still in force

Trade finance

The export credit line agreement between JBIC and the government of Ecuador has a total maximum value of USD 9.6 million. Additionally, the loan is co-financed by a private financial institution amounting to USD 16 million. The governmental agency Nippon Export and Investment Insurance will provide a Buyer's Credit Insurance for the co-financed portion.

The loan finances the government of Ecuador's purchase of terrestrial digital broadcasting equipment by Japanese Companies

In this context, JBIC stated: "This credit line will support the export of related equipment from Japan and expand high-quality terrestrial digital broadcasting in Ecuador. It also will contribute to the maintenance and improvement of the international competitiveness of Japanese industries and the international propagation of the Japanese terrestrial digital broadcasting standard backed by public-private cooperation."

Export credit lines
JBIC provides direct loans named export credit lines to overseas importers. Loans are obtained if it finances the purchase of Japanese machinery, equipment or technology in specific eligible sectors. The Bank stated that these loans are intended to “positively contribute to Japanese companies”. Further information can be found on the Bank’s website under export 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

472 Television & radio transmitters; cameras; telephone sets
8525 Transmission apparatus for radiobroadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras, digital cameras and video camera recorders.
852550 Transmission apparatus

Please report this page in case you detect an inaccuracy in its content.