Global Trade Alert
Global Trade Alert

India: Loan to Zimbabwe to set up a thermal power plant with a condition to source inputs from India

Announcement

27 Oct 2015

A new trade finance transaction was announced in October 2015.

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

19 Aug 2016

Revocation date:

No revocation date

Local value added incentive In force

The credit for this transaction is provided by the Export Import Bank of India (EXIM) and requires that at least 75% of the contract price for goods and services associated with the project is sourced...

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Trade finance In force

On 27 October 2015, the Export Import Bank of India (EXIM), at the behest of Government of India, agreed to provide a loan of USD 87 million to the Government of the Republic of Zimbabwe for renovati...

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