Global Trade Alert
Global Trade Alert

India: Loan to Sri Lanka to finance railway infrastructure investment with the condition to source inputs from India

Announcement

26 Nov 2010

A new trade finance transaction was announced in November 2010.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Jan 2011

Revocation date:

No revocation date

Updated: 26 Nov 2010
Trade finance In force

On 26 November 2010, the Government of India agreed to provide a loan of USD 416.39 million to the Government of the Federal Democratic Socialist Republic of Sri Lanka for financing goods an...

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Updated: 26 Nov 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 sour...

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