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Global Trade Alert

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India: Line of credit to Sri Lanka to purchase essential commodities from India

Description

On 17 March 2022, according to various reports the State Bank of India, a government-owned bank, extended a credit facility of USD 1 billion to the government of Sri Lanka for procuring various essent...

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Intervention Details

Intervention Type

Local value added incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

17 Mar 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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