Global Trade Alert
Global Trade Alert

India: Loan to Mozambique to develop an IT park with the condition to source inputs from India

Announcement

02 Dec 2008

A new trade finance transaction was announced in December 2008.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Apr 2009

Revocation date:

No revocation date

Updated: 02 Dec 2008
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: 02 Dec 2008
Trade finance In force

On 2 December 2008, the Government of India agreed to provide a loan of USD 25 million to the Government of Mozambique for financing machinery, equipment, goods and services to develop an IT p...

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