Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency provides loan guarantee to support SMS Group GmbH export installation services to China

Announcement

31 Jan 2022

In January 2022, the German Export Credit Agency Euler Hermes Aktiengesellschaft provided a guarantee to support a German company's export of installation services of a ring rolling plant in China.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

31 Jan 2022

Revocation date:

No revocation date

Updated: 31 Jan 2022
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 Jan 2022

Revocation date:

No revocation date

Updated: 31 Jan 2022
Trade finance In force

In January 2022, the German Export Credit Agency Euler Hermes Aktiengesellschaft granted an export credit guarantee. The loan will support SMS Group GmbH in the supply of a ring roll...

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