Global Trade Alert
Global Trade Alert

India: Loan to Gambia to finance construction of the national assembly building with the condition to source inputs from India

Announcement

19 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

Implementation date

04 Dec 2012

Revocation date:

No revocation date

Updated: 19 Oct 2012
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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Updated: 19 Oct 2012
Trade finance In force

On 19 October 2012, the Government of India agreed to provide a loan of USD 16.88 million to the Government of the Republic of Gambia for financing goods and services to complete the construct...

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