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 Netherlands's AerCap Holdings NA, which was offered buyer credit worth 40.7 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.
Germany was not included as an affected trading partner since part of Airbus' production facilities is located in that country.

AFFECTED SECTORS