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: 11 Sep 2009 | Removal date: open ended
Still in force

Trade finance

On 11 September 2009, the Japan Bank for International Cooperation (JBIC) signed a loan agreement with the Korean Development Bank totaling up to JPY 20 billion (ca. USD 220 million as of September 2009). The loan will act as a trade finance facility to support Japanese exports to Korea.
 
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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