Global Trade Alert
Global Trade Alert

UK: Eximbank guarantees 22 million GBP contract for ADL

Announcement

15 Jun 2011

In June 2011, the British government announced a change in its trade finance instruments.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Jun 2011

Revocation date:

No revocation date

Last action: 15 Jun 2011
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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Last action: 15 Jun 2011
Trade finance In force
On 15 June 2011, the Export Credits Guarantee Department (nowadays UKEF) announced in a press release that it had guaranteed a contract worth 22 million GBP for the provision of buses to New Zealand....
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