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Global Trade Alert

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India: Loan to Sri Lanka to finance purchase of petroleum products with the condition to source inputs from India

Description

On 2 February 2020, the Export-Import Bank of India (EXIM Bank), on behalf of the government of India, agreed to provide a Line of Credit (LoC) worth USD 500 million to the government of Sri Lanka. Th...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

18 Mar 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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