Global Trade Alert
Global Trade Alert

Italy: SACE announces guarantee for a EUR 500 million loan to support the Italian exports in the copper supply chain

Announcement

07 May 2025

In May 2025, the Italian Eximbank SACE provided a guarantee of USD 500 million on a loan by Banco Santander to the Chilean mining company CODELCO to support the increase in Italian procurement.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 May 2025

Revocation date:

No revocation date

Updated: 07 May 2025
Trade finance In force

On 7 May 2025, the Italian Eximbank SACE provided a guarantee covering a USD 500 million loan provided by Banco Santander to Corporación Nacional Del Cobre De Chile (“CODELCO”). The object...

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