Announcement
27 Sep 2016
On 27 September 2016, the UK Export Finance agency (UKEF) announced it would provide buyer credit for a contract of the British company Forum Energy Technologies in Nigeria.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
27 Sep 2016
Revocation date:
No revocation date
Updated: 27 Sep 2016
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: 27 Sep 2016
Trade finance
In force
The buyer credit worth 14.1 million GBP will be used to finance remotely operated subsea vehicles, which were "designed and built at the company’s UK arm in Kirkbymoorside, North Yorkshire".<...
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