Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency provides guarantee to support the export of an electric vehicle assembly plant to Turkiye

Announcement

31 Jul 2022

In July 2022, the German Export Credit Agency Euler Hermes Aktiengesellschaft provided a guarantee to support German company Dürr Systems AG's export of an electric vehicle assembly plant to Turkiye.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

31 Jul 2022

Revocation date:

No revocation date

Updated: 31 Jul 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 Jul 2022

Revocation date:

No revocation date

Updated: 31 Jul 2022
Trade finance In force

In July 2022, the German Export Credit Agency Euler Hermes Aktiengesellschaft granted an export credit guarantee. The guarantee will support German company Dürr Systems AG in the export o...

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