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: 25 Aug 2018 | Removal date: open ended
Still in force

Trade finance

On August 25th, 2015, a 33.689 billion yen ($282 million USD) loan agreement was signed with the Republic of the Philippines and the Japanese International Cooperation Agency (JICA) for the construction of earthquake-proof bridges. This loan will be part of the Japanese International Cooperation Agency's STEP program which implies that the loan will go towards providing Japanese-sourced seismic retrofitting technologies, construction services as well as excavation and tunnel construction consulting services.  

Special Terms for Economic Partnership (STEP)
A stipulation in JICA ODA loan agreements is the utilization of advanced Japanese technologies and the employment of Japanese firms in overseas projects.

 

 

AFFECTED COUNTRIES

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