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Global Trade Alert

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Germany: State aid to support German companies' HyIron/Oshivela project in Namibia

Description

On 6 November 2023, the German Federal Ministry for Economic Affairs and Climate Action announced providing state aid of EUR 13 million (approx USD 14 million) to the HyIron/Oshivela project in Namibi...

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Intervention Details

Intervention Type

Financial assistance in foreign market

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

06 Nov 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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