Announcement
30 Apr 2014
In April 2014, the British government announced a change in its trade finance instruments.
Source
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
2 in force
Implementation date
30 Apr 2014
Revocation date:
No revocation date
On 30 April 2014, the UK government launched its Export Refinancing Facility (ERF) with a volume of GBP 5 billion and the aim to allow UK exporters to provide favourable financing conditions to overse...
According to a media report (cf. Sources), UKEF provides loans under the condition that at least 25% of the loan is targeted to support British jobs.
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