Global Trade Alert
Global Trade Alert

Japan: JBIC signs USD 1.1 billion loan agreement alongside NEXI providing a USD 300 million guarantee to support Japanese business activities in Chile

Announcement

26 Jul 2011

On 26 July 2011, the Japan Bank for International Cooperation (JBIC) signed a loan agreement with Chilian SCM Minera Lumina Copper Chile in project financing. The governmental agency Nippon Export and Investment Insurance (NEXI) will additionally provide a guarantee for the loans provided by a number of private Japanese banks.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jul 2011

Revocation date:

No revocation date

Last action: 26 Jul 2011
Financial assistance in foreign market In force
The loan agreement between JBIC and Chilian SCM Minera Lumina Copper Chile has a value of USD 1.1 billion. Also on 26 July 2011, the governmental agency Nippon Export and Investment Insurance (NEXI) i...
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