IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 08 Jun 2009 | Removal date: 31 Dec 2009
Still in force

Interest payment subsidy

Under the Long-Term Financing Facility, financial institutions provide subsidized local currency financing for firms to purchase plant and machinery for their export-oriented projects.

By providing financial support for plant and machinery, the state act subsidizes the cost of production in the specified sectors and provides an unfair advantage against similar goods in the domestic and international market.

AFFECTED COUNTRIES

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