Global Trade Alert
Global Trade Alert

India: Loan to the Nigerian export-import bank to finance imports of goods and services from India

Announcement

15 Nov 2011

A new trade finance transaction was announced in November 2011.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 May 2012

Revocation date:

No revocation date

Announced: 15 Nov 2011
Trade finance In force
On 15 November 2011, the Government of India agreed to provide a loan of USD 20 million to the Nigerian Import-Export bank for financing the imports of goods and services from India. No specific goods...
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Announced: 15 Nov 2011
Local value added incentive In force
The credit agreement requires that at least 90% of the goods and services for this project are sourced from India.
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