IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Mar 2010 | Removal date: 01 Mar 2011
Still in force

Trade finance

 The JapanBankforInternational Cooperation (JBIC), a subsidiary of the Japan Finance Corp. owned by the Japanese government, introduced two measures as an exceptional support to Japanese exports and overseas business of Japanese firms. These are: 1. Supplier´s credit to Developing countries scheme supporting Japanese companies in their exports to developing countries (credit for exporters) and 2. investment loans for Japanese firms to finance projects in developing countries. The measures were introduced on December 19, 2008 with a limited duration until March 2010 and were now extended until March 2011.
 
The measures are based on the Immediate Policy Package to Safeguard People's Daily Lives introduced by the Ministerial Meeting on Economic Measures on December 19, 2008, and the public notice issued by the Ministry of Finance on December 25, 2008.
 
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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