Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency provides guarantee to support SMS group GmbH in export of slab casting plant to India

Announcement

31 Dec 2022

In December 2022, the German Export Credit Agency Euler Hermes Aktiengesellschaft provided a guarantee to support German company SMS group GmbH's export of a two-strand continuous slab casting plant to India.

 

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

31 Dec 2022

Revocation date:

No revocation date

Trade finance In force

In December 2022, the German Export Credit Agency Euler Hermes Aktiengesellschaft granted an export credit guarantee. The guarantee will support German company SMS group GmbH's export of a two-strand ...

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Implementation date

31 Dec 2022

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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