ANNOUNCEMENT 15 Jul 2016

In July 2016, the government of Finland announced a change in the required local inputs to serve domestic customers and a change in its trade finance instruments.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 15 Jul 2016 | Removal date: open ended

Trade finance

On 15 July 2016, the German Eximbank KfW announced it organised a 398 million AUD (ca. 300 million USD) loan as the mandated lead arranger. Meanwhile, the loan will be partially insured by the Finnish export credit agency Finnvera. That part of the loan will be used to purchase automatic cranes and software solutions from the Finnish company Cargotec Group.
There was no information about the insurance on Finnvera's website.

AFFECTED SECTORS