Global Trade Alert
Global Trade Alert

India: Loan to Rwanda for a road project with the condition to source inputs from India

Announcement

15 May 2018

India extended a Line of Credit to Rwanda to finance a road project.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 May 2018

Revocation date:

No revocation date

Announced: 15 May 2018
Local value added incentive In force
The credit agreement for this line of credit will require that Rwanda source at least 75% of the contract price of goods and services associated with the project from India.
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Announced: 15 May 2018
Trade finance In force
On 15 May 2018, the Export-Import Bank of India (EXIM Bank), on behalf of the Government of India, extended a Line of Credit of USD 66.60 million each to the Government of Rwanda for financing the Bas...
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