Global Trade Alert
Global Trade Alert

India: Loan to Senegal to finance rural electrification projects with the condition to source inputs from India

Announcement

21 Apr 2011

A new trade finance transaction was announced in April 2011.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Aug 2011

Revocation date:

No revocation date

Updated: 21 Apr 2011
Trade finance In force

On 21 April 2011, the Government of India agreed to provide a loan of USD 27.50 million to the Government of Senegal for financing machinery, equipment, goods and services for developing rural...

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Updated: 21 Apr 2011
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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