ANNOUNCEMENT 12 May 2017

In May 2017, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning 400 AIS switchyard equpment and materials for Iraq.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 12 May 2017 | Removal date: open ended
Still in force

Trade finance

The project value is 30 million CHF (30 million USD) and it finances 400 AIS switchyard equpment and materials by ABB Schweiz AG, Baden.

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 buyer credit insurance (category B).

AFFECTED SECTORS

 

AFFECTED PRODUCTS