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 Sep 2014 | Removal date: open ended
Still in force

Financial assistance in foreign market

The overseas investment loan agreement between JBIC and Japanese KAIHARA CORPORATION was signed on 24 September 2014. The loan has a maximum value of USD 37 million.

The loan supports the Japanese company's manufacturing and sales of denim fabric in Thailand through KAIHARA (THAILAND) CO., LTD. (KTC), a Thai subsidiary of KAIHARA CORPORATION.

In this context, the bank stated: "The loan will support such overseas business deployment of KAIHARA and thereby contribute to maintaining and strengthening the international competitiveness of Japanese industries."

Overseas investment loans 
JBIC provides direct loans named overseas investment loans to Japanese companies, overseas affiliates or joint ventures where Japanese companies hold equity interests and governments or financial institutions partying with such overseas affiliates. Loans support projects in specific sectors or with a specific purpose of interest to Japan. Further information can be found on the Bank’s website under overseas investment 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

266 Woven fabrics (except special fabrics) of cotton
5209 Woven fabrics of cotton, containing 85 % or more by weight of cotton, weighing more than 200 g/m2.
520942 Denim
5211 Woven fabrics of cotton, containing less than 85 % by weight of cotton, mixed mainly or solely with manmade fibres, weighing more than 200 g/m2.
521142 Denim

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