Global Trade Alert
Global Trade Alert

Republic of Korea: Eximbank provides guarantees for Iraqi project with Korean tender ties

Announcement

26 Jul 2012

On 11 July 2012, the Export-Import Bank of Korea (Korea Eximbank) announced providing funds for the Bismayah New City Project in Iraq with Korean company participation.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Jul 2012

Revocation date:

No revocation date

Announced: 26 Jul 2012
Trade finance In force
The Korean Eximbank's financial support for the Iraqi the Bismayah New City Project has a total volume of USD 1.16 billion. More specifically this guarantee is comprised of USD 775 million advance pay...
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