Global Trade Alert
Global Trade Alert

Japan: JBIC signs two loan agreements to support business opportunities for Japanese companies in the oil and gas sector in Venezuela

Announcement

29 Jun 2011

On 28 June 2011, the Japan Bank for International Cooperation (JBIC) signed two overseas investment loan agreements with subsidiaries of ITOCHU Corporation and Mitsubishi Corporation respectively.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Jun 2011

Revocation date:

No revocation date

Updated: 29 Jun 2011
Financial assistance in foreign market In force

The JBIC loans to ITOCHU Corporation and Mitsubishi Corporation each value of USD 337.5 million. The intention is to support the subsidiaries' business activities in connection with their alre...

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