Global Trade Alert
Global Trade Alert

India: Loan to Mozambique to support water projects with the condition to source inputs from India

Announcement

22 Mar 2019

India extended funding to Mozambique to develop water projects.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Mar 2019

Revocation date:

No revocation date

Updated: 22 Mar 2019
Local value added incentive In force

Under the credit agreement for the Line of Credit signed on 22 March 2019, at least 75% of the contract price of goods and services associated with the above project must be sourced from India...

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Updated: 22 Mar 2019
Trade finance In force

The Export-Import Bank of India (EXIM Bank), on behalf of the Government of India, extended a Line of Credit of USD 38 million to the Government of Mozambique for financing the construction of 1600...

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