ANNOUNCEMENT 24 Sep 2012

In September 2012, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning the delivery of EMU train sets to South Africa.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

SERV-Portal archive: http://www.serv-ch.com/nachhaltigkeit/projektinformationen/b-projekte/orderby/deliveryValue/desc/

Inception date: 24 Sep 2012 | Removal date: open ended

Trade finance

The project value is 640 million CHF (684 million USD) and it finances the delivery of EMU train sets by an unidentified exporter.

The maturity of the loan will be longer or equal to two years. The SERV differentiates between nine categories of fiancial support. The present project is a supplier credit insurance (cateogry S).

AFFECTED SECTORS

 
495

AFFECTED PRODUCTS

 
860310