Global Trade Alert
Global Trade Alert

India: Loan to Ethiopia to finance development of sugar industry with the condition to source inputs from India

Announcement

18 Feb 2011

A new trade finance transaction was announced in February 2011.

Source

Sign in to access

Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 May 2011

Revocation date:

No revocation date

Updated: 18 Feb 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...
Sign in to see more
Updated: 18 Feb 2011
Trade finance In force

On 18 February 2011, the Government of India agreed to provide a loan of USD 91 million to the Government of Ethiopia for financing machinery, equipment, goods and services to develop the suga...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.