Global Trade Alert
Global Trade Alert

India: Loan to Sudan to develop a sugar project with the condition to source inputs from India

Announcement

26 Jan 2009

A new trade finance transaction was announced in January 2009.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Jul 2009

Revocation date:

No revocation date

Updated: 26 Jan 2009
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: 26 Jan 2009
Trade finance In force
On 26 January 2009, the Government of India agreed to provide a loan of USD 25 million to the Government of Sudan for financing machinery, equipment, goods and services to develop the Elduem Sugar Pro...
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