IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 26 Apr 2016 | Removal date: open ended
Still in force

Local sourcing

 On 26 April 2016, the UK Export Finance agency announced it would provide a 157 million GBP export credit to finance the supply of capital goods and services by UK exporters for a petrochemical plant in Oman.
The project is the construction of the Liwa Plastics LLC petrochemicals plant. It has also obtained finance from export credit agencies from Germany, Italy, Netherlands and the Republic of Korea (cf. Related Measures).
A state measure in the GTA database is assessed solely in terms of theextent to which its implementation affects the extent of discriminationagainst foreign commercial interests. On this metric, this trade financeaffects the conditions of competition and foreign firms competing inthe overseas market in question.
 
 

AFFECTED COUNTRIES

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