Global Trade Alert
Global Trade Alert

India: Loan to Lao to finance irrigation and dam construction projects with the condition to support inputs from India

Announcement

09 Sep 2013

A new trade finance transaction was announced in September 2013.

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

26 Nov 2013

Revocation date:

No revocation date

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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Trade finance In force

On 9 September 2013, the Government of India agreed to provide a loan of USD 30.94 million to the Government of Lao People's Democratic Republic for financing machinery, equipment, goods and services ...

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