Global Trade Alert
Global Trade Alert

Japan: JBIC overseas project financing of Mitsui Marine Development's oil field in Brazil

Announcement

30 Jul 2018

On July 30th, 2018, the Japanese Bank of International Cooperation (JBIC) and Nippon Export and Investment Insurance (NEXI) funded the expansion of Mitsui Marine Development's oil field operations in Brazil. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Jul 2018

Revocation date:

No revocation date

Updated: 30 Jul 2018
Trade finance In force

On July 30th, 2018, Nippon Export and Investment Insurance (NEXI) provided $249 million US dollars worth of loan insurance to MODEC, Inc. (“MODEC”), Mitsui & Co., Mitsui O...

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Updated: 30 Jul 2018
Financial assistance in foreign market In force

On July 30th, 2018, a $467 million USD loan agreement was signed between a Japanese company called Mitsui Marine Development Co., Ltd. ("MODEC") and the Japanese Bank for International Coopera...

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