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: 30 Jun 2015 | Removal date: open ended
Still in force

Trade finance

On June 30th, 2015, a 34.88 billion yen ($285 million USD) loan agreement was signed with the Republic of Iraq and the Japanese International Cooperation Agency (JICA) for the reconstruction and repair of water and irrigation facilities. This loan will be part of the Japanese International Cooperation Agency's STEP program which implies that the loan will go towards providing the Republic of Iraq with a Japanese-sourced sewage treatment system, consulting services as well as the procurement of materials and equipment for the maintenance of the sewage network. Furthermore, the design of the Kurdish region sewage treatment facility will be prepared by JICA.

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

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

439 Other general-purpose machinery & parts
8421 Centrifuges, including centrifugal dryers; filtering or purifying machinery and apparatus, for liquids or gases.
842129 Other
532 Civil engineering works
542 General construction services of civil engineering works
831 Management consulting & management services; ITC services
941 Sewerage, sewage treatment & septic tank cleaning services

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