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 Jun 2013 | Removal date: open ended
Still in force

Trade finance

On 22 August 2013, the Australian export credit agency Efic published its 2012/13 annual report. The report included a list of all beneficiaries of trade finance for the given fiscal year.
One of these beneficiaries was NRW Holdings Ltd, which was offered a bond worth 30 million AUD for construction and mining services abroad.
Given that Efic does not provide the exact date that the trade finance deal was signed, the most conservative date, i.e. the 30 June 2013, was set as the inception date.
 

AFFECTED COUNTRIES

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