Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency finances German export of a crushing plant to Russia

Announcement

31 Jul 2018

In July 2018, the German Export Credit Agency Euler Hermes Aktiengesellschaft provided a guarantee to support the German export of a crushing plant to Russia.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

31 Jul 2018

Revocation date:

No revocation date

Updated: 31 Jul 2018
Trade finance In force

The export credit guarantee was issued in July 2018 and finances the export of a crushing plant to Russia. The benefitting German exporter is TAKRAF GmbH.

The German&nbs...

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Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 31 Jul 2018
Local value added incentive

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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