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: 06 Dec 2017 | Removal date: open ended
Still in force

Trade finance

On the announcement made by the Ministry of Production of Argentina on 6 December 2017 concerning the new credit line for software and IT companies managed, it was also mentioned that the BICE would also make resources available to finance the export operations of these firms.

In particular, it was stated that the bank would allocate up to USD 5 million per operation to cover up to 75% of the export operation. These credit lines enjoy a 1.5% interest rate with a repayment deadline of 210 days.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

839 Other professional, technical & business services
842 Internet telecommunications services

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