ANNOUNCEMENT 24 Nov 2009

In November 2009, the government of Japan announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Japanese Ministry of Economy, Trade and Industry. . available at http://www.mlit.go.jp/common/000229684.pdf


Inception date: 24 Nov 2009 | Removal date: open ended
Still in force

Capital injection and equity stakes (including bailouts)

On 24 November 2009, the Japanese government released an additional emergency state-funded credit to Japan Airlines. The amount of this credit line is 100 billion Yen (830 million USD).
This intervention was preceded by an earlier intervention in 2009 and complemented by further aid in 2010 (see related measures).
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A