Announcement
04 Apr 2019
India has extended a line of credit to Zimbabwe to renovate a thermal power plant.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
26 Nov 2019
Revocation date:
No revocation date
Last action: 04 Apr 2019
Local value added incentive
In force
Under the credit agreement for the Line of Credit signed on 26 November 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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Last action: 04 Apr 2019
Trade finance
In force
On 04 April 2019, the Indian Export-Import Bank of India, on behalf of the Government of India, has extended a Line of Credit (LoC) of USD 23 million to the Republic of Zimbabwe for financing the upgr...
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