Announcement
22 Sep 2016
On 22 September 2016, the UK Export Finance agency (UKEF) announced it would provide an advance payment guarantee for exports of military purpose vehicles to Australia.
Source
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
22 Sep 2016
Revocation date:
No revocation date
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.
The advance payment guarantee - worth 10 million GBP - was required for a contract signed by the British military vehicle manufacturer Supacat with the Australian government.
The Finan...
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