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Italy: SACE introduces EUR 500 million loan guarantee to fund the purchase of raw materials from the Italian economy

Description

On 21 February 2023, the Italian Eximbank SACE announced the provision of a EUR 500 (USD 532) million guarantee to the Singapore-based trading company Trafigura Group. The stated objective is to facil...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

21 Feb 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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