ANNOUNCEMENT 11 Jul 2016

In July 2016, the British government announced .

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Jun 2016 | Removal date: open ended
Still in force

Trade finance

On 11 July 2016, the UK Export Finance agency presented its 2015/16 Annual Report. The report included a list of all beneficiaries of trade finance for the given fiscal year.
One of these beneficiares was Tunisia's Tunisair, which was offered buyer credit worth 73.2 million GBP for a contract with Airbus SAS.
Given that UKEF does not provide the exact date that the trade finance deal was signed, the most conservative inception date, i.e. the 30 June 2016, was set as the inception date.
No affected trading partners were selected as the only mentionable partner - France - is a shareholder of Airbus and the country hosts part of the company's production facilities.

AFFECTED SECTORS