Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency finances German export of ethylene crackers 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 ethylene crackers 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 ethylene crackers to Russia. The benefitting German exporter is Linde AG.

The German Expor...

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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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