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: 04 Mar 2019 | Removal date: open ended

Loan guarantee

On March 4th, 2019, the Japan Bank for International Cooperation Co., Ltd. (JBIC) announced a 10.8 billion yen (96.6 million USD) loan guarantee for covering the interest on private financial institutions loan guarantee to Japan Airlines Corporation (JAL). ANA will use this loan guarantee for the importation of Boeing aircraft to be operated by Japanese airline company Japan Airlines Corporation. JBIC hopes that these loan guarantees will go to the maintaining of international competitiveness of the Japanese aviation industry.

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

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