Announcement
22 Apr 2024
In April 2024, KfW IPEX-Bank announced providing financing to support the export of wind turbines by German wind turbine manufacturer Nordex Energy to Türkiye. The loan is covered by a guarantee from the German Export Credit Agency Euler Hermes Aktiengesellschaft.
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Number of interventions
2
1 certainly harmful
1 likely harmful
0 liberalising
List of interventions
Implementation date
22 Apr 2024
Revocation date:
No revocation date
Announced: 22 Apr 2024
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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Implementation date
22 Apr 2024
Revocation date:
No revocation date
Announced: 22 Apr 2024
Trade finance
In force
On 22 April 2024, the KfW IPEX-Bank announced providing financing worth EUR 28 million (USD 29.8 million) to Beres Elektrik's onshore wind farm in Bitlis, Türkiye. The measure will support the export ...
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