Global Trade Alert
Global Trade Alert

UK: Eximbank guarantees up to 215 million USD credit for Nghi Son refinery

Announcement

25 Mar 2014

In March 2014, the British government announced a change in its trade finance instruments.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Mar 2014

Revocation date:

No revocation date

Updated: 25 Mar 2014
Local value added incentive In force

According to a media report (cf. Sources), UKEF provides loans under the condition that at least 25% of the loan is targeted to support British jobs.

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Updated: 25 Mar 2014
Trade finance In force
On 25 March 2014, the UK Export Finance agency announced it would guarantee an export loan worth up to 215 million USD for the construction of the Nghi Son refinery in the Vietnamese district Tinh Gi...
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