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: 01 Apr 2019 | Removal date: open ended
Still in force

Financial assistance in foreign market

On April 1st, 2019, Japan Bank for International Cooperation (JBIC) announced a loan of 500 million USD Mitsubishi Corporation Copper Mine Development Project in Peru. With this loan Mitsubishi will acquire 40% of the ownership within the copper mine. Mitsubishi plans on using the copper extracted from the Peruvian copper mine to supply their to domestic smelters in Japan. The copper will be used for electric wires, electric and electronic devices, automobiles, building materials produced by Mitsubishi Corperation. 

Overseas investment loans 
JBIC provides direct loans named overseas investment loans to Japanese companies, overseas affiliates or joint ventures where Japanese companies hold equity interests and governments or financial institutions partying with such overseas affiliates. Loans support projects in specific sectors or with a specific purpose of interest to Japan. Further information can be found on the Bank’s website under overseas investment loans.

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

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

342 Basic inorganic chemicals n.e.c.
2825 Hydrazine and hydroxylamine and their inorganic salts; other inorganic bases; other metal oxides, hydroxides and peroxides.
282550 Copper oxides and hydroxides
393 Metal wastes or scraps
2620 Slag, ash and residues (other than from the manufacture of iron or steel) containing metals, arsenic or their compounds.
262030 Containing mainly copper

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