Global Trade Alert
Global Trade Alert

India: Loan to Nicaragua for developing electric sub-stations with the condition to source inputs from India

Announcement

14 Jun 2013

A new trade finance transaction was announced in June 2013.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Jun 2013

Revocation date:

No revocation date

Updated: 14 Jun 2013
Trade finance In force
On 14 June 2013, the Export Import Banking of India (EXIM), at the behest of Government of India, agreed to provide a loan of USD 10 million to the Government of Nicaragua for supplying equipment to d...
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Updated: 14 Jun 2013
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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