IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Mar 2010 | Removal date: open ended
Still in force

Financial assistance in foreign market

On 30 March 2010, the Japan Bank for International Cooperation (JBIC) signed a USD 30 million loan agreement with Bangkok Bank Public Company Limited (Bangkok Bank). This loan will support Japanese companies' overseas affiliates and subsidiaries in Thailand by supplying long-term funds through Bangkok Bank.
In this context JBIC stated: 'Bangkok Bank has been collaborating with several Japanese regional banks to support overseas activities by Japanese affiliates and facilitate Japanese investments in Thailand, and this loan is expected to further enable Japanese affiliates conducting business operations.'
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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