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: 31 Dec 2015 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in December 2015 and finances the delivery of 58 sets of components for high-floor trams and nine sets of components for low-floor trams, including spare parts ('Lieferung von 58 Komponentens?tzen f?r Hochflurstra?enbahnen und 9 Komponentens?tzen f?r Niederflurstra?enbahnen sowie Ersatzteilen') to Turkey. The benefitting German exporter is Siemens AG, Erlangen.

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 (17 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 7 years. The financing institution is Landesbank Baden-W?rttemberg, Stuttgart.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

495 Railway & tramway locomotives & rolling stock; parts
8603 Selfpropelled railway or tramway coaches, vans and trucks, other than those of heading 86.04.
860310 Powered from an external source of electricity

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