IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

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 Sep 2015 | Removal date: open ended
Still in force

Loan guarantee

On 30 September 2015, JBIC signed a guarantee agreement of a total value of JPY 23.4 billion (USD 195.37 million) with nine financial institutions covering the principal and interest of their loans granted to Japanese ANA HOLDINGS INC.

The loans and guarantee are intentioned to support the Japanese airline's purchase of an aircraft.
In this context, the Bank stated: 'Thus it (ed. the guarantee) will contribute to maintaining and strengthening the international competitiveness of the Japanese aviation industry."

Guarantees for imports of manufactured goods
JBIC provides financial guarantees for goods and services deemed essential to the development of the Japanese economy. This includes the import of for example aircrafts. Further information can be found on the Bank's website under guarantees for imports of manufactured products.

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

653 Air & space transport services of freight

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