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: 09 Dec 2013 | Removal date: open ended
Still in force

Trade finance

 On 9 December 2013, the UK Export Finance agency announced it would guarantee a 300 million USD contract by Reliance Industries Unlimited for investments at the Jamnagar Refinery in the Indian state of Gujarat.
The project envisages the expansion of the current refinery and the construction of a residential township nearby. UKEF will guarantee those parts of the contract covered by UK firms, inter alia Bechtel and Foster Wheeler.
 

AFFECTED COUNTRIES

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