Global Trade Alert
Global Trade Alert

India: Loan to Senegal to purchase buses with a condition to source inputs from India

Announcement

15 Jul 2016

A new trade finance transaction was announced in July 2016.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Jul 2016

Revocation date:

No revocation date

Last action: 15 Jul 2016
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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Last action: 15 Jul 2016
Trade finance In force
On 15 July 2016, the Export Import Bank of India (EXIM Bank) financed the purchases of buses by the governemnt of Senegal. On behalf of the Government of India, the EXIM bank extended a Line of Credit...
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