ANNOUNCEMENT 30 Jun 2019

The Australian EXIM bank has announced the approval of a loan worth AUD 16.97 million (circa USD 12 million at the time of the announcement) to support the exports of Aspen Medical Pty Ltd.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Efic, Transaction register for 1 July 2018- 30 June 2019. Retrieved on 12/08/2019. Available at: https://www.exportfinance.gov.au/media/6299/signings-summary-30-june-2019-web-version.pdf

Inception date: 30 Jun 2019 | Removal date: open ended

Trade finance

On 30 June 2019, the Australian export credit agency Efic has issued a transaction register of trade finance transaction beneficiaries covering operations made in the period lasting from 1 July 2018 up until 30 June 2019.

One of these beneficiaries was Aspen Medical Pty Ltd, which was offered a loan of a total value of AUD 16.97 million (circa USD 12 million) for financing the export of healthcare and social assistance to the United Arab Emirates.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A