Global Trade Alert
Global Trade Alert

India: Loan to Sierra Leone to finance agri-businesses with the condition to source inputs from India

Announcement

14 Nov 2008

A new trade finance transaction was announced in November 2008.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Feb 2009

Revocation date:

No revocation date

Updated: 14 Nov 2008
Trade finance In force
On 14 November 2008, the Government of India agreed to provide a loan of USD 15 million to the Government of Sierra Leone for financing import of goods from India for the development of agri-businesse...
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Updated: 14 Nov 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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