Global Trade Alert
Global Trade Alert

India: Loan to Burkina Faso to finance housing projects with the condition to source inputs from India

Announcement

18 Jan 2013

A new trade finance transaction was announced in January 2013.

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

13 Sep 2013

Revocation date:

No revocation date

Trade finance In force

On 18 January 2013, the Government of India agreed to provide a loan of USD 22.5 million to the Government of Burkina Faso for financing goods, machinery and services including consultancy services fo...

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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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