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: 30 Apr 2010 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in April 2010 and finances the delivery of two gas turbine packages ('Zwei Gasturbinenpakete') to the Republic of Korea. The benefitting German exporter is an unidentified producer.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (68 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 12 years. The financing institution is Norddeutsche Landesbank Girozentrale - Singapore Branch.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

431 Engines & turbines & parts
8411 Turbojets, turbopropellers and other gas turbines.
841122 Of a power exceeding 1,100 kW

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