Global Trade Alert
Global Trade Alert

India: Loan to Zambia to develop a hydro-power project with the condition to source inputs from India

Announcement

06 Jan 2010

A new trade finance transaction was announced in January 2010.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Mar 2010

Revocation date:

No revocation date

Updated: 06 Jan 2010
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: 06 Jan 2010
Trade finance In force
On 6 January 2010, the Government of India agreed to provide a loan of USD 50 million to the Government of Zambia for financing goods and services including consultancy services to develop the Itezhi-...
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