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Global Trade Alert

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Japan: Government allocates financial grant to Proterial for developing the technology and producing large forgings

Description

On 13 October 2023, the Japanese Ministry of Economy, Trade and Industry announced that Proterial would receive a financial grant of up to JPY 7.5 billion (USD 50 million) to promote the development o...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Oct 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

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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