ANNOUNCEMENT 31 Jan 2011

In January 2011, the German Export Crediting Agency announced its support of an export project concerning the delivery and assembly of textile machines to India.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Jan 2011 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in January 2011 and finances the delivery and assembly of textile machines ('Lieferung und Montage von Textilmaschinen') to India. The benefitting German exporter is an unidentified producer.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (70 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 10 years. The financing institution is Landesbank Baden-W├╝rttemberg, Stuttgart.

AFFECTED SECTORS