Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency provides guarantee to support the export of certain vehicles to Russia

Announcement

31 Oct 2018

In October 2018, the German Export Credit Agency Euler Hermes Aktiengesellschaft provided a guarantee to support the German company GIM Export Group GmbH export of vehicles to Russia for the timber industry.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

31 Oct 2018

Revocation date:

No revocation date

Updated: 31 Oct 2018
Trade finance In force

The export credit guarantee was granted by the German Export Credit Agency Euler Hermes Aktiengesellschaft in October 2018. The guarantee supports the German company GIM Ex...

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Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 31 Oct 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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