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: No inception date

Financial assistance in foreign market

On 12 March 2015 the Japan Bank for International Cooperation (JBIC) signed a USD 30 million loan agreement with Thai Bank of Ayudhya Public Company Limited, a subsidiary of Japanese The Bank of Tokyo-Mitsubishi UFJ, Ltd. to establish a credit line. The credit line is intended to support overseas deployment of Japanese small and medium sized enterprises.
In this context the bank stated: 'JBIC intends to provide appropriate and speedy support to the business deployment of these SMEs in Thailand by extending medium- and long-term funds to Krungsri in collaboration with this company which has a broad range of business relations with Japanese SMEs.'
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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