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Global Trade Alert

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India: Increase in all-in-cost ceilings for availing import trade credits

Description

On 15 November 2011, the Reserve Bank of India (RBI) increased the all-in-cost ceiling for availing import trade credits from 200 bps to 350 bps over 6 months LIBOR. The all-in-cost ceiling refers t...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

15 Nov 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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