ANNOUNCEMENT 31 Jul 2009

In July 2009, the German Export Crediting Agency announced its support of an export project concerning the delivery of 100 combine harvesters to Russia.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Jul 2009 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in July 2009 and finances the delivery of 100 combine harvesters ('Lieferung von 100 M?hdreschern') to Russia. The benefitting German exporter is Claas Global Sales Gmbh.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (23 million USD), as the conservative estimate of the project value.

The maturity of the loan is not specified. The financing institution is not identified in this case.

AFFECTED SECTORS

 

AFFECTED PRODUCTS