Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency provides guarantee to support KRONES AG in the export of equipment for filling water into PET bottles to Saudi Arabia

Announcement

31 Oct 2024

In October 2024, the Export Credit Agency provided a guarantee to support KRONES AG in the export of equipment for filling water into PET bottles to Saudi Arabia. 

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

31 Oct 2024

Revocation date:

No revocation date

Updated: 31 Oct 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 that include a foreign content v...

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Implementation date

31 Oct 2024

Revocation date:

No revocation date

Updated: 31 Oct 2024
Trade finance In force

In October 2024, the German Export Credit Agency Euler Hermes Aktiengesellschaft granted an export credit guarantee. The guarantee will support KRONES AG's export of equipment for filling water int...

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