Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency provides guarantee to support the export of components for a rolling mill to China

Announcement

30 Jun 2021

In June 2021, the German Export Credit Agency Euler Hermes Aktiengesellschaft provided a guarantee to support a German company's export of components for a Steckel rolling mill to China. 

Source

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

30 Jun 2021

Revocation date:

No revocation date

Trade finance In force

In June 2021, the German Export Credit Agency Euler Hermes Aktiengesellschaft granted an export credit guarantee. The guarantee supports SMS Group GmbH's export of components for a Steckel rolling mil...

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Implementation date

30 Jun 2021

Revocation date:

No revocation date

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 val...

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