Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency provides guarantee to support the export of texturing machines, spinning machines and winders to Turkiye

Announcement

31 Dec 2018

In December 2018, the German Export Credit Agency Euler Hermes Aktiengesellschaft provided a guarantee to support a German company's export of texturing machines, spinning machines and winders to Turkiye.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

31 Dec 2018

Revocation date:

No revocation date

Updated: 31 Dec 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

31 Dec 2018

Revocation date:

No revocation date

Updated: 31 Dec 2018
Trade finance In force

The German Export Credit Agency Euler Hermes Aktiengesellschaft granted an export credit guarantee in December 2018. The guarantee supports the German company Oerlikon Textile GmbH &...

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