Global Trade Alert
Global Trade Alert

Germany: Export Credit Agency provides guarantee to support Homag GmbH's export of wood processing equipment to China

Announcement

28 Feb 2025

In February 2025, the German Export Credit Agency provided a guarantee to support Homag GmbH's export of Wood processing equipment to China.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

28 Feb 2025

Revocation date:

No revocation date

Updated: 28 Feb 2025
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

28 Feb 2025

Revocation date:

No revocation date

Updated: 28 Feb 2025
Trade finance In force

In February 2025, the German Export Credit Agency Euler Hermes Aktiengesellschaft granted an export credit guarantee. The guarantee will support Homag GmbH's export of Wood processing equipment to ...

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