Global Trade Alert
Global Trade Alert

India: Loan to Ethiopia to finance development of sugar industry with the condition to source inputs from India

Announcement

27 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

01 Jun 2009

Revocation date:

No revocation date

Updated: 27 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: 27 Jan 2009
Trade finance In force
On 27 Jaunary 2009, the Government of India agreed to provide a loan of USD 166.23 million to the Government of Ethiopia for financing machinery, equipment, goods and services to develop the sugar ind...
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