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 Oct 2013 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in October 2013 and finances the delivery and assembly of components for the construction of a forge ('Lieferung und Montage von Komponenten für die Errichtung eines Schmiedewerkes') in Turkey. The benefitting German exporter is Schuler Pressen GmbH, Göppingen.

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

The maturity of the loan will be 10 years. The financing institution is Commerzbank AG, Frankfurt.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

886 Basic metal manufacturing services

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