Global Trade Alert
Global Trade Alert

UK: Eximbank guarantees 1 billion for British companies in Brazilian oil sector

Announcement

30 Nov 2011

In November 2011, the British government announced a change in financial support for exporters.

Source

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

30 Nov 2011

Revocation date:

No revocation date

Updated: 30 Nov 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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Updated: 30 Nov 2011
Trade finance In force
On 30 November 2011, the UK Export Finance agency announced in a press release that it would guarantee export contracts worth in total up to 1 billion USD for British companies in the Brazilian oil e...
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