Global Trade Alert
Global Trade Alert

Italy: SACE introduces EUR 500 million loan guarantee to fund the purchase of raw materials from the Italian economy

Announcement

21 Feb 2023

In February 2023, the Italian Eximbank SACE approved a EUR 500 million loan guarantee in favour of the multinational company Trafigura to fund imports carried out by Italian companies. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

21 Feb 2023

Revocation date:

No revocation date

Trade finance In force

On 21 February 2023, the Italian Eximbank SACE announced the provision of a EUR 500 (USD 532) million guarantee to the Singapore-based trading company Trafigura Group. The stated objective is to facil...

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