Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency finances German export of two tunnel boring machines to Argentina

Announcement

30 Jun 2018

In June 2018, the German Export Credit Agency Euler Hermes Aktiengesellschaft announced providing a guarantee to support the German export of two tunnel boring machines to Argentina.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

30 Jun 2018

Revocation date:

No revocation date

Updated: 30 Jun 2018
Local value added incentive In force

The German Export Credit Agency's approval process depends on the percentage of foreign-sourced goods included in the value of the export contract. Export contracts which include a foreign content ...

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Implementation date

30 Jun 2018

Revocation date:

No revocation date

Updated: 30 Jun 2018
Trade finance In force

The export credit guarantee was announced in June 2018 and finances the export of two tunnel boring machines to Argentina. The benefitting German exporter is Herrenknecht AG.

The ...

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