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: No inception date

Trade finance

 On 10 November 2015, the UK Export Finance agency sent a letter of interest to Azerbaijan's national water agency Azersu, offering to provide financing for a project worth up to 800 million USD.
This follows a signed memorandum of cooperation between Azersu and the British water construction company Biwater.
A UKEF representative was cited in the media saying "The letter of interest sets out the broad terms under which UKEF support could be available. It includes the requirement for UKEF to complete full project evaluation and due diligence".

AFFECTED COUNTRIES

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