Global Trade Alert
Global Trade Alert

UK: Support through Export Working Capital Scheme widened

Announcement

10 Jul 2015

In July 2015, the British government announced a change in its trade finance instruments.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

31 Aug 2015

Revocation date:

No revocation date

Trade finance In force

 On 10 July 2015, the UK Export Finance authority announced it would expand its eligibility of its Export Working Capital Scheme to include also direct supply chains of UK-based exporters.   With the...

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Local content incentive In force

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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