ANNOUNCEMENT 20 Jan 2014

In January 2014, the government of Italy announced a change in its trade finance instruments.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising
Inception date: 20 Jan 2014 | Removal date: open ended

Trade finance

 On 22 December 2014, the Italian Eximbank SACE announced it had guaranteed a 15 million EUR credit for the Italian motorcycle manufacturer MV Agusta.
The raised funds will be used for the expansion of the company to the United States, Brazil and South-East Asia.
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 SECTORS