Global Trade Alert
Global Trade Alert

Republic of Korea: Eximbank provides USD 30 million to Nigerian company to facilitate Daewoo E&C's participation in facility expansion project

Announcement

31 Aug 2023

In August 2023, the Export-Import Bank of Korea provided financing worth USD 30 million to Nigerian-based Indorama Eleme Fertilizer & Chemicals Limited in order to support Daewoo Engineering & Construction's participation in a facility expansion project.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Aug 2023

Revocation date:

No revocation date

Announced: 31 Aug 2023
Trade finance In force
In August 2023, the Export-Import Bank of Korea provided a USD 30 million "Special Account" to Nigerian-based Indorama Eleme Fertilizer & Chemicals Limited for the "procurement of a fertiliser fac...
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