Global Trade Alert
Global Trade Alert

Japan: JBIC signs USD 22.95 million loan agreement with VEB to promote Japanese exports to Russia

Announcement

26 Dec 2011

On 22 December 2011, the Japan Bank for International Cooperation (JBIC) signed an export loan agreement with Russian Vnesheconombank (VEB) to finance the purchase of wood processing machinery and equipment from a Japanese manufacturer.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Dec 2011

Revocation date:

No revocation date

Updated: 26 Dec 2011
Trade finance In force

The export loan between JBIC and VEB has a value of USD 22.95 million. The governmental agency Nippon Export and Import Insurance (NEXI) provides a Buyer’s Credit Insurance for the cofinanced...

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