Global Trade Alert
Global Trade Alert

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UK: Introduction of the Letter of Credit Guarantee Scheme

Description

In October 2009, the UK government launched the Letter of Credit Guarantee Scheme covering up to 90% of the risk on eligible letters of credit for British exporters. According to the information guid...

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Intervention Details

Implementation date

01 Oct 2009

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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