Global Trade Alert
Global Trade Alert

India: Loan to Bangladesh to finance imports from India

Announcement

07 Aug 2010

A new trade finance transaction was announced in August 2010.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

01 Feb 2011

Revocation date:

No revocation date

Local value added incentive In force

The credit agreement requires that at least 85% of the goods and services for this project are sourced from India.

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Trade finance In force

On 7 August 2010, the Government of India agreed to provide a loan of USD 1 billion to the Government of the People's Republic of Bangladesh for financing goods and services including project exports ...

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