Global Trade Alert
Global Trade Alert

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UK: Direct lending facility for UK Export Finance

Description

On 5 December 2012, George Osborne, the Chancellor of Exchequer, announced that a Ł1.5bn direct lending facility is to be established. UK Export Finance (UKEF) Department will be able to lend this mo...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

05 Dec 2012

Revocation date

06 Mar 2014

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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