Global Trade Alert
Global Trade Alert

India: USD 200 million line of credit extended to Sri Lanka for the purchase of fuel

Announcement

02 May 2022

India has extended a line of credit of USD 200 million to Sri Lanka to purchase fuel stocks.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 May 2022

Revocation date:

No revocation date

Announced: 02 May 2022
Local value added incentive In force
On 2 May 2022, it was reported in several news articles that India has extended a line of credit of USD 200 million to Sri Lanka to purchase fuel. The terms of the line of credit may require Sri Lanka...
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Announced: 02 May 2022
Trade finance In force
According to several news reports published on 2 May 2022, India has extended a line of credit of USD 200 million to Sri Lanka for the procurement of emergency fuel stocks. As seen in previous lines o...
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