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Global Trade Alert

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India: USD 200 million line of credit extended to Sri Lanka for the purchase of fuel

Description

On 2 May 2022, it was reported in several news articles that India has extended a line of credit of USD 200 million to Sri Lanka to purchase fuel. The terms of the line of credit may require Sri Lanka...

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Intervention Details

Intervention Type

Local value added incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

02 May 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

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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