IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 11 Jun 2015 | Removal date: open ended
Still in force

Trade finance

 On 11 June 2015, the Italian Eximbank SACE announced in a press release that it had agreed to guarantee a 575 million EUR loan for the construction of an ammonia production plant in Russia.
The contract has been awarded to the Italian company Maire Tecnimont and the plant will be constructed in the Saint Petersburg area.
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.

AFFECTED COUNTRIES

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