ANNOUNCEMENT 26 Nov 2014

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

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 26 Nov 2014 | Removal date: open ended

Trade finance

 On 26 November 2014, the Italian Eximbank SACE announced in a press release that it had provided a export credit guarantee on the purchase of 15 ATR aircrafts by the Indonesian airline Lion Air.
SACE will guarantee 157 million of the 375 million USD contract.
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