Global Trade Alert
Global Trade Alert

Japan: NEXI provides loan guarantee to Swedish battery company to help Japanese companies export machinery

Announcement

28 Dec 2023

In December 2023, the Japanese Nippon Export and Investment Insurance (NEXI) announced providing a loan guarantee to Northvolt's battery factory project in Sweden in order to promote the export of Japanese machinery and equipment.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Dec 2023

Revocation date:

No revocation date

Updated: 28 Dec 2023
Trade finance In force

On 28 December 2023, the Japanese national financial institution, Nippon Export and Investment Insurance (NEXI), announced it was underwriting loan insurance for a total of USD 150 million for Nort...

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