Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency provides guarantee to support SMS group GmbH in modernisation of a hot strip mill in India

Announcement

31 Mar 2023

In March 2023, German Export Credit Agency Euler Hermes Aktiengesellschaft provided a guarantee to support German company SMS group GmbH in the modernisation of a hot strip mill in India.

 

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

31 Mar 2023

Revocation date:

No revocation date

Updated: 31 Mar 2023
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 Mar 2023

Revocation date:

No revocation date

Updated: 31 Mar 2023
Trade finance In force

In March 2023, the German Export Credit Agency Euler Hermes Aktiengesellschaft granted an export credit guarantee. The guarantee will support German company SMS group GmbH's modernisation of a hot ...

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