Global Trade Alert
Global Trade Alert

Hong Kong: Statutory maximum liability for exporters increased from $15 to $30 billion

Announcement

11 Feb 2009

February 11th, 2009 - A branch of the Hong Kong government announced it would be raising the statutory maximum liability for its exporters.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Feb 2009

Revocation date:

No revocation date

Updated: 11 Feb 2009
Trade finance In force

On February 11th 2009, the Hong Kong Export Credit Insurance Corporation announced that:

"[...] the statutory maximum liability guaranteed by the HKSAR Government will be incr...

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