Global Trade Alert
Global Trade Alert

India: Loan to Zimbabwe for upgrading a pumping and water intake station with the condition to source inputs from India

Announcement

21 Jun 2013

A new trade finance transaction was announced in June 2013.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Jul 2013

Revocation date:

No revocation date

Updated: 21 Jun 2013
Trade finance In force
On 21 June 2013, the Government of India agreed to provide a loan of USD 28.6 million to the Government of Zimbabwe for financing goods and services used for upgrading the Deka Pumping Station and Riv...
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Updated: 21 Jun 2013
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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