Announcement
01 Oct 2009
In October 2009, 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
01 Oct 2009
Revocation date:
No revocation date
Trade finance
In force
In October 2009, the UK government launched the Letter of Credit Guarantee Scheme covering up to 90% of the risk on eligible letters of credit for British exporters. According to the information guid...
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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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