Global Trade Alert
Global Trade Alert

UK: Eximbank potentially guarantees 1 billion USD for Petrobras contract

Announcement

25 Apr 2013

In April 2013, the British government announced a change in financial support for exporters.

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

25 Apr 2013

Revocation date:

No revocation date

Updated: 25 Apr 2013
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 Apr 2013
Trade finance In force

 On 25 April 2013, the UK Export Finance agency announced it would guarantee an export contract worth up to 1 billion USD for exploration and production facilities of Petrobras, if Brit...

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