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 isolators and equipment for the construction of a 400 KV power line in Kuwait ('Isolatoren und Ausr?stungen f?r den Bau zweier 400 KV ?berlandleitungen in Kuwait') for the Republic of Korea and Kuwait. The benefitting German exporter is Lapp Insulators GmbH.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (21 million USD), as the conservative estimate of the project value.

The maturity of the loan is not specified. The financing institution is not identified in this case.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

362 Other rubber products
4016 Other articles of vulcanised rubber other than hard rubber.
401699 Other

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