IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 28 Mar 2015 | Removal date: open ended
Still in force

Trade finance

On 28 March 2015 the Export-Import Bank (Eximbank) of Korea signed a USD 100 million Interbank Export Loan Agreement credit line with the Central American Bank for Ecocomic Integration (CABEI). The funds shall be used to finance Korean exports to the development bank's regional member countries.
In this context the ExImBank of Korea stated: "We will work closely with CABEI to help korean companies win new projects in Central America, not least in the service sector"
 
Interbank Export Loan
Is Eximbank of Korea extends credit to foreign banks for the purpose of financing companies' purchases of Korean goods and services through loans. More information on the Bank's financial instruments can be found on the official website or the "Guide to the Import-Export Bank of Korea" publication.
 
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

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