Global Trade Alert
Global Trade Alert

India: Loan to EBID bank to finance development projects with the condition to source inputs from India

Announcement

25 Mar 2018

A Line of Credit has been extended to finance development projects in the ECOWAS region.

Source

Sign in to access

Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

23 May 2018

Revocation date:

No revocation date

Trade finance In force

On 25 March 2018, the Export Import Bank of India, on behalf of the Indian Government extended a Line of Credit (LOC) of USD 500,000,000 to the Ecowas Bank for Investment and Development (EBID) to fin...

Sign in to see more

Implementation date

25 Mar 2018

Revocation date:

No revocation date

Local value added incentive In force

The credit agreement for this line of credit will potentially require that at least 75% of the contract price of goods and services associated with the project is sourced from India.

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.