Global Trade Alert
Global Trade Alert

India: Loan to Eswatini for development/mechanization of agriculture with the condition to source inputs from India

Announcement

01 Oct 2012

A new trade finance transaction was announced in October 2012.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

01 Jan 2013

Revocation date:

No revocation date

Local value added incentive In force

The credit agreement requires that at least 75% of the goods and services for this project are sourced from India.

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Trade finance In force

On 1 October 2012, the Government of India agreed to provide a loan of USD 37.90 million to the Government of the Kingdom of Eswatini for financing goods and services to be used for agricultural devel...

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