Global Trade Alert
Global Trade Alert

Australia: Efic provides loan to Oyu Tolgoi to support Australian exports of mining equipment and services

Announcement

25 Aug 2016

On 25 August 2016, the Australian export credit agency Efic published its 2015/16 annual report. The report included a list of all beneficiaries of trade finance for the given fiscal year.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2015

Revocation date:

No revocation date

Announced: 25 Aug 2016
Trade finance In force
One of these beneficiaries was Mongolian Oyu Tolgoi, which was offered a loan worth AUD 206.30 million (USD 153.60 million) for the import of mining equipment and services to Mongolia. In this context...
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